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Report: J.C. Penney Could Close Up to 100 Stores

J.C. Penney may be set to shutter more stores and the closures could put pressure on some mall operators. The retailer in February said it would shutter 18 full-line stores and nine home and furniture stores. In a Moody’s Investors Service report released Monday on how “J.C. Penney’s Tough Road Leads Mall Owners and Operators to Mitigate…

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