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At Home Group moves in just as JC Penney moves out

Home decor retail chain had already researched JCP's over 1,000 US locations and knew which ones it wanted

At Home called JC Penney within a few hours to express interest in buying some of its stores.

New York

WHEN JC Penney Co announced this month that it would shut 40 US stores, At Home Group Inc saw an opening.

Executives at the retail chain - which sells home decor in warehouses and other large spaces - checked the list of targeted stores and called JC Penney within a few...

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