J. C. Penney (JCP) Sees FY09 Reduction in CapEx to $650M; Will Now Only Open 20 Stores in '09

June 25, 2008 11:50 AM EDT Send to a Friend
J. C. Penney Company, Inc. (NYSE: JCP) sees a reduction in FY09 capital expenditures of about $650 million, down from ...

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