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J.C. Penney to permanently shut about 242 stores as part of bankruptcy plan

J.C. Penney Co Inc plans to trim its store count by 29% to about 604, as the U.S. department store chain looks to focus on those more profitable, a regulatory filing showed on Monday, two days after it filed for bankruptcy protection.

    

Written by

Peter Zirbes, ESQ. A Full Service Law Office 718 544 6300