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J.C. Penney's same-store sales rise 2.6%

J.C. Penney Corp. (JCP : Penney (J.C.) Company, Inc said Thursday its December sales at department stores open at least a year rose 2.6%. Analysts, on average, expected the Plano, Texas, retailer to post a same-store sales gain of 2.4%, according to Thomson First Call. Total department store sales for the five weeks ended Dec. 30 increased 4.2% to $2.96 billion.
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