MSNBC: J.C. Penney to Close 140 Stores

‘The big retail operator says it is going to close about 140 stores that are underperforming’

CHU: "Watch what's happening with J.C. Penney. The big retail operator says it's going to close about 140 stores that are more underperforming, also give payout packages to about 6,000 employees. We are going to watch those shares as well."

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