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J.C. Penney Closing 33 Stores

No stores in Missouri or Kansas are on the list.
Troubled retailer J.C. Penney announced that it is cutting 2,000 jobs and closing 33 underperforming stores.

No stores in Missouri or Kansas are on the list.

J.C. Penney expects the moves to generate $65 million dollars a year in savings.

The store closings are expected to be completed by early May.

J.C. Penney stock has fallen more than 60-percent over the past 12 months.
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