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J.C. Penney emerging from bankruptcy could save 60,000 jobs - ABC News

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The pandemic-battered retailer filed for Chapter 11 bankruptcy in May.
ABC News Chief Business Correspondent Rebecca Jarvis breaks down why retailers are declaring bankruptcy and how it could be their saving grace.

Shoppers Are Abandoning JCPenney — Best Life

JC Penney is planning to file for bankruptcy as early as Friday, sources say

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