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J.C. Penney may close its Manhattan store

from The Dallas Morning News

J.C. Penney is considering leaving its Manhattan store that it's operated in a four-level mall since July 2009. The 150,000-square-foot store, which is located on 32nd and 33rd Streets, is not far from Macy's Herald Square store. Plano-based Penney wants to sublease the space and instead open in one of the other New York boroughs. more

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