The Daily Overview on MSN
JCPenney rescue deal implodes, 120 stores face the axe
The collapse of JCPenney's latest real estate rescue plan has pushed a fresh wave of uncertainty onto the department store's already fragile footprint. A complex deal meant to offload more than 100 ...
NEW YORK (AP) — J.C. Penney says it is closing 154 stores nationwide in what it is calling the first phase of its efforts to shrink its footprint. According to USA Today, the retailer received ...
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