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47 JC Penny stores close

CHI2001012602 - 26 JANUARY 2001 - CHICAGO, ILLINOIS, USA: A shopper leaves the JCPenny store in the Chicago suburb of Skokie, Illinois Thursday, January 25, 2001. JCPenny announced plans to close 44 department stores and three outlet stores, affecting 5,000 jobs. The company's stock has dropped 84 percent since June, 1998. cc/cc/Tannen Maury UPI

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