Marvin R. Ellison

Department store chain JCPenney to shut down 138 stores in the US

Indiaretailing Bureau - March 21, 2017

Struggling department store chain JCPenney is closing down 138 stores and two distribution centers in the US in a move to cut costs, boost sales at stronger locations and focus on e-commerce. About 5,000 workers will be impacted by the...

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Marvin R. Ellison

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