JCPenney to cut 1,000 jobs, close 152 stores

JCPenney to cut 1,000 jobs, close 152 stores

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JCPenney said on Wednesday it would cut about 1,000 jobs and shutter 152 stores as the department store chain looks to emerge from Chapter 11 protection and the COVID-19 crisis.
JCPenney said on Wednesday it would cut about 1,000 jobs and shutter 152 stores as the department store chain looks to emerge from Chapter 11 protection and the COVID-19 crisis.
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