T.J. Maxx to locate in Clermont center (at bizjournals.com)

T.J. Maxx to locate in Clermont center (at bizjournals.com)

Quick Hits: J.C. Penney Reins in Expansion (at Minyanville.com)

Penney moderates 2008 growth plans amid economic concerns (AP)
The chairman and chief executive of J.C. Penney Co. said late Tuesday that the department store chain is stretching out its five-year store growth strategy because of the economic downturn, with plans to open 36 new stores this year instead of the 50 it had projected.