$JCP News: J.C. Penney postponing store closures

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Thanks to higher sales at stores marked for closure, J.C. Penney has postponed plans to shutter 138 shops. As a result, J.C. Penney will start liquidating those stores on May 22 instead of April 17, as first planned. J.C. Penney first announced in February plans to shut down 13 to 14 percent of its 1,014-store fleet , and two distribution centers in Lakeland, Florida, and Buena Park, California.

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