J.C. Penney
JCPenney liquidated an estimate of one hundred fifty of its branches last year and announced that they would seize the operations of fifteen more stores. JCPenney’s official statement was, “As part of our shop optimization approach, which began in June with our financial restructuring, we have planned to close an additional 15 locations. Liquidation sales will begin towards the end of this month, and the stores will close to the general public in mid- to late March.”
J.C. Penney
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