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J.C. Penney closing 154 stores this summer; Carroll and Marshalltown included

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CNN Business: J.C. Penney Co. is permanently closing 154 stores across 20 states this summer as part of its bankruptcy plan. The list includes two Iowa stores, in Carroll and Marshalltown. The company, one of the most high-profile retailers to file for bankruptcy protection after being hit hard by the coronavirus, said it expects store closing sales to last around three months, and it will announce additional closures in the coming weeks.

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