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47 JC Penny stores close

CHI2001012603 - 26 JANUARY 2001 - CHICAGO, ILLINOIS, USA: Few cars are parked in front of the JCPenny store in the Chicago suburb of Skokie, Illinois, 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. rlw/cc/Tannen Maury UPI

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