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July 23, 2009

J.C. Penney is taking on Manhattan

  • Even New York fashionistas may be looking for affordable options as the recession maintains its grip.
  • By ANNE D’INNOCENZIO
    AP Retail Writer

    NEW YORK — Could the real miracle now be on 33rd Street?

    Department store chain J.C. Penney Co. thinks so, as it prepares for the July 31 official opening of its first Manhattan store, just a block from Macy's towering flagship in Herald Square.


     
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