J.C. Penney to close up to 140 stores, offer buyouts
J.C. Penney to close up to 140 stores, offer buyouts: The store to close up to 140 stores and offer buyouts to 6,000 workers as the department-store industry sags in competition with online sellers and nimble niche retailers.The company said Friday that it would shutter 13% to 14% of its stores, representing about 5% of … Read moreJ.C. Penney to close up to 140 stores, offer buyouts