J.C. Penney to shut up to 140 stores amid department-store slump

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J.C. Penney on Friday said it plans to close between 130 and 140 stores in the next several months, a move that makes it the latest retail stalwart to pull back from the mall amid the rise of online shopping.

The department store giant’s latest quarterly results, also released Friday, illustrate…

fromhttp://www.baltimoresun.com/business/ct-jc-penney-closing-stores-20170224-story.html

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