JCPenney to Close 40 Stores

Saturday, January 10, 2015

Despite better-than-expected holiday sales, struggling retailer J-C Penney plans to close 40 stores by early April. More than 2000 people will lose their jobs. The retailer, which has been in business for more than a century has been struggling to get itself out of a deep slump for years.

 

 

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