JC
Penney To Shed 33 Underperforming Stores, J.C. Penney Co. said on
Wednesday it would close 33 stores and cut 2,000 jobs as part of its
efforts to return to profitability. Chief Executive Myron Ullman said in
a statement the action “addresses a strategic priority to improve the
profitability of our stores.” Penney is the Continue Reading.....
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