News Worms
News Worms

JC Penney stores closing in Alabama

Macy's and Sears - both competitors of J.C. Penney - also announced significant closures within the last 18 months.

The J.C. Penney store, located within the Summit Square shopping plaza in Calcutta, will remain open.

JCPenney stores at the Wyoming Valley and Viewmont malls will not be among the 138 closed by the national retailer, according to a list released by the company Friday. "We believe that closing the interior mall is a necessary step in order to revitalize the property and make it a viable part of the community going forward". "We're going to be adding a home department and things of that nature".

J.C. Penney will be shutting down more 130 US stores, including three in the Philadelphia region.

The moves were made "to align the Company's physical store footprint and omnichannel network", reads a release.

Nine stores will close in Texas, the most of any state. The liquidation process will begin on April 17, but most stores will cease operations in June.

J.C. Penney stores being closed represent approximately13 to 14 percent of the company's store count and less than five percent of its overall sales, the company said. Additionally, the department store chain says it will provide outplacement support services for those eligible associates who will be leaving the company. The closings don't include the JCPenney Museum and Mother Store in Kemmerer and other locations around Wyoming. In addition, the doors will remain open at J.C. Penney sites in Boardman, the Wheeling area, and Robinson Township, Pa.

The list comprises 138 stores nationwide, and some 5,000 workers will be displaced.

Four stores are closing in Wisconsin.


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