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Update: Bankrupt JCP Rejects 144 Store Leases

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Bankrupt J. C. Penney has rejected 144 store leases as it moves forward on plans that could see the retailer exit Chapter 11 proceedings before year-end. The list of 144 rejected leases was filed in Penney’s bankruptcy case on Thursday. A Penney’s spokesman said that the leases are part of the stores the company previously…

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