J.C. Penney announced today in a press release that it plans to "optimize its national retail operations" as part of an effort to return to profitability as a company. That plan includes the closure of 130-140 of their roughly 1,000 stores over the next few months.
JCPenney has been under fire as of late, recently pulling a certain t-shirt from it's online store that was marketed toward school age girls with the saying, "Too Cute For Homework So My Brother Has to Do it For Me...
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