Tag: Retail
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J.C. Penney decides to shutter up to 140 stores as sales shrink
In what can be pegged as a massive blow to the traditional retail market, J.C. Penney Co. has announced that it will be shuttering up to 140 of its stores by June this year. J.C. Penney has refrained from mass closures up until now, but that’s changing with the company revealing that it will close…
