JC Penney News: JCPENNEY ANNOUNCES STRATEGIC INITIATIVE TO ADVANCE TURNAROUND

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[Thomson Reuters ONE] – Company to close 33 underperforming stores Actions expected to generate annual savings of approximately $65 million, beginning in 2014 PLANO, TX – (Jan. 15, 2014) – J. C. Penney Company, Inc. (NYSE:JCP) …

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