JC Penney Says It’s Closing Down 8 Eight Stores

JC Penney Says It’s Closing Down 8 Eight Stores
People coming in and out of the J. C. Penney store in the Manhattan Mall in Harold Square. Benjamin Chasteen/The Epoch Times
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J.C. Penney announced that it’s closing eight of its department stores across the United States, a spokesperson told CNBC. The closures will take place in 2018.

The firm operates about 875 stores around the world. In 2017, it closed down nearly 140 stores.