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J.C. Penney’s quarterly comparable sales fall 0.8 percent

November 11, 2016 by · Leave a Comment 

(Reuters) – J.C. Penney Co Inc reported a 0.8 percent fall in quarterly comparable store sales on Friday, reflecting weak store traffic, increased price competition from online and off-price retailers and a general shift away from spending on apparel.

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J.C. Penney’s quarterly comparable sales fall 0.8 percent