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

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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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