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JC Penney to close 33 stores

Wed 15 Jan 14 | 04:15 PM ET
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JC Penney to close 33 stores

Wed 15 Jan 14 | 04:15 PM ET
CNBC's Dominic Chu reports JC Penney is to close 33 underperforming stores, eliminating 2,000 jobs to generate $65 million in annual cost savings.

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Dominic Chu
 
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