JC Penney Scraps Downtown Seattle Location PlansAccording to the Seattle Times, JCP is no longer planning to open a location in the downtown Kress building at Third and Pike. Penney bought the Kress building in October, 2011 for an estimated $29 million.
Target, JC Penney Plan to Open Smaller Urban Stores Downtown The new CityTarget has plans to open in 2012, and just down the way, the Seattle Times reports that JC Penney will soon be opening its retail doors.

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