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ru24.net
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Февраль
2019

Penney closes more stores as sales deteriorate

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NEW YORK — J.C. Penney is closing more stores after a weak holiday sales season. Fourth-quarter income tumbled nearly 70 percent and revenue slid 8 percent. It did beat Wall Street expectations, and shares jumped 18 percent before the opening bell Thursday. The company’s net income was $75 million, or 24 cents per share, for



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