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JCPenney, a Plano-based department store chain, has filed for bankruptcy amidst the economic challenges posed by the COVID-19 pandemic. The retailer, known for its wide range of products and services, has struggled to stay afloat in recent years. The bankruptcy filing could potentially lead to the end of hero pay for some employees and the closure of some stores. Stay tuned for updates on the future of JCPenney.

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