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PE firm Sycamore Partners in talks to buy troubled store chain JC Penney
JC Penney, which employs about 85,000 people, filed for bankruptcy protection in May after Covid-19 pandemic forced it to temporarily shut its more than 800 stores across the US
Staples in $6.9-bn sale to PE firm Sycamore
Office-supply chain might re-emerge as modern seller of business services
