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.

Topics:  plano   texas thestreet    jcpenney home store   duluth   ga these   jcp   retail   the   j.c penney    j.c penney   jcpenney   click   stores   catalog   close   plans   outlet   wind   business   
ASK NEWS:
  • Boscov’s upbeat after first year in Meriden mall - Record-Journal.com
    ... chain opened in Westfield Meriden mall a year after it lost one of its anchors, JC Penney. ... earlier this month it would be closing 100
    08/26/2016 - 4:53 am | View Link
  • Stocks-markets: Aug. 26 - Wooster Daily Record
    Published: THURSDAY CLOSING STOCK QUOTES BY WELLS FARGO ADVISORS American Elec. ... Paper 48.39 JC Penney 9.97 Key Corp. 12.26 Lowes 77.47 Merck & ...
    08/26/2016 - 4:20 am | View Link
  • UPDATE: Mall rats are a dying breed - TD Ameritrade
    Hancock Fabrics said it would be closing all of ... to shut down some 320 stores (http://www.marketwatch.com/story/sears ...
    08/25/2016 - 12:52 pm | View Link
  • Here's the latest proof that malls are a wasteland - TD Ameritrade
    Hancock Fabrics said it would be closing all of ... to shut down some 320 stores (http://www.marketwatch.com/story/sears ...
    08/25/2016 - 12:00 pm | View Link
  • The J.C. Penney Turnaround Has More Room to Run - FOXBusiness.com
    The J.C. Penney Turnaround Has More Room to Run - Motley Fool
    08/18/2016 - 11:53 am | View Link
  • More
BING NEWS:
  • J.C. Penney moves in on malls as others flee
    Macy's earlier this month said it will close 100 stores nationwide, and Sears has been closing stores for years. Mall landlords, facing the disappearance of their long-time anchors, are open to negotiation, leaving Penney with leverage on rent that in some ...
    08/26/2016 - 4:42 am | View Link
  • J.C. Penney Aims to Be King of the Mall as Rivals Retreat
    When a Sears or Macy’s closes, J.C. Penney uses direct mail in the zip code to convert those customers. “You make sure you invite them in,’’ said Ellison, 51. For more on Macy’s latest store-closing plans, click here. If a mall operator has ...
    08/25/2016 - 9:59 am | View Link
  • How J.C. Penney is keeping loyal customers while attracting new ones
    Penney.” All of the initiatives to retain and attract new ... and the efficiency as we continue to bring our strategies to life.” As of Friday's closing price of $10.25 per share, the company's stock is trading up nearly 30 percent year over year.
    08/21/2016 - 8:42 pm | View Link
  • J.C. Penney Expects $1.6 Billion EBITDA In 2019
    J.C. Penney will benefit from Sears and Macy's closing stores (as indicated by its comments that competitor store closures has been a net positive for J.C. Penney store sales in the same malls), but the challenge is that the pie (department store sales ...
    08/18/2016 - 6:12 pm | View Link
  • J.C. Penney Reports Sales Increase, Says It Has Contract to Sell Corporate Campus
    Penney closed seven stores this year and 41 in 2015. But Ellison didn’t indicate that a massive store closing, similar to Macy’s announcement Thursday that it will close 100 stores, is in the works. Ellison said more than 50 percent of Penney’s ...
    08/15/2016 - 2:22 am | View Link
  • More
BING SEARCH:
  • Here are the 39 locations J.C. Penney is closing
    J.C. Penney said Thursday it will close 39 stores this spring and lay off 2,250 workers. The news comes just days after the department-store chain reported stronger ...
    08/22/2016 - 5:24 am | View Website
  • J. C. Penney
    The J. C. Penney Company (doing business as JCPenney, JCP, and formerly as Penney's) is a chain of American mid-range department stores based in Plano, Texas.
    08/19/2016 - 2:22 am | View Website
  • Cupertino: J.C. Penney closing ends long career of 89-year ...
    With the closing of J.C Penney at Vallco Shopping Mall, 89 year-old Josephine Fernandez is retiring after 56 years with the department store chain.
    04/14/2016 - 3:26 am | View Website
  • List of J.C. Penney stores closing this month | syracuse.com
    The closing of J.C.. Penney in ShoppingTown Mall is one of seven stores being closed on or about today, according to InvestorPlace. The seven stores are all in ...
    04/8/2016 - 4:23 am | View Website
  • J.C. Penney closing 7 stores in smaller markets | | Dallas ...
    J.C. Penney is closing seven of its 1,020 stores as part of its annual review and ongoing efforts by CEO Marvin Ellison to cut costs and make the retailer ...
    01/13/2016 - 2:35 am | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News