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J.C. Penney piles sale upon sale trying to dig out of 'abyss'

Walk into a J.C. Penney and it's a sea of red stickers. Almost everything is marked down, from apparel, jewelry and home goods to Christmas decor, bedding and appliances. And it's not even Black Friday yet.

Even for a retailer whose identity is built on promotions and discounts, there's an urgency...



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