J.c. Penney Closing Stores

PLANO, Texas (TheStreet) -- J.C. Penney said Monday it plans to close certain underperforming stores and wind down its catalog and outlet operations. The retailer plans to close five JCPenney department stores across the U.S. and one JCPenney Home Store in Duluth, Ga. "These six locations no longer meet the company's profitability threshold," J.C.

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  • J. C. Penney
    J.C. Penney Corporation, Inc., d.b.a. JCPenney (JCP and formerly Penney's for short), is a chain of American mid-range department stores based in Plano, Texas. The ...
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    News about the J. C. Penney Company. Commentary and archival information about the J. C. Penney Company from The New York Times.
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