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J.C. Penney Closing Dozens of Stores

It's been a rough year for J.C. Penney.
It's been a rough year for JC Penney. And in an effort to cut some of its expenses, the company will close 33 stores nationwide. The good news is the Evansville location is not on that closing list.

The decision to close so many stores will mean the loss of about 2,000 jobs. Just last week, JC Penney rival Macy's also announced it would be laying off 2,500 workers and closing five stores.
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