J.C. Penney to Close up to 140 Stores

A  J.C. Penny department store in Dallas. (AP Photo/Matt Slocum)
A J.C. Penny department store in Dallas. (AP Photo/Matt Slocum)

NEW YORK—J.C. Penney said Friday that it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next...

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