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JC Penney

J.C. Penney Is Said to Hire AlixPartners as Revenue Dwindles

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J.C. Penney Is Said to Hire AlixPartners as Revenue Dwindles

J.C. Penney Co. has tapped the consulting firm AlixPartners LLP for advice as the retail chain mulls options for managing its approximately $4 billion debt load amid shrinking revenue, according to people with knowledge of the matter.

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