JCPenney stores get a temporary lifeline

JCPenney is throwing a temporary lifeline to 138 stores it planned to close in April and May.

Instead, their closure dates are being pushed back to July 31 in response to increased shoppers.

"Since announcing store closures, affected locations have seen better-than-expected sales and traffic, which is common when store closures are announced," Thomas said. "Traffic typically increases for a variety of reasons, including curiosity, nostalgia and the lure of lower prices."

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