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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ASK NEWS:
  • Stocks-markets: Dec. 2, Wayne and Holmes counties, Ohio - Wooster Daily Record
    4:00AM MONDAY CLOSING STOCK QUOTES BY WELLS FARGO ADVISORS ... Paper 52.95 JC Penney 7.53 Key Corp. 13.18 Lowes 63.18 Merck & Co., Inc. 60.52 ...
    12/2/2014 - 8:07 am | View Link
  • Waco Tribune-Herald: Black Friday gives way to more Thanksgiving ... - Waco Tribune Herald
    ... opening at 5 p.m. on Thanksgiving and closing at 11 p.m ... Mall anchors JC Penney, Bealls and Sears will open part of Thanksgiving evening, ...
    12/1/2014 - 11:08 am | View Link
  • Retailers target Alibaba in online tax-loophole fight - Washington Post
    Alliance for Main Street Fairness, which includes Best Buy, Target, JC Penney and other major ... Entertainment Resorts said it is closing its
    12/1/2014 - 8:03 am | View Link
  • Fitch Affirms COMM 2012-CCRE5 - Reuters
    ... in Great Falls, MT. The mall is anchored by Scheel's Sports, Sears, JC Penney, and Herberger's ... net rentable area (NRA) will be closing ...
    12/1/2014 - 5:09 am | View Link
  • Some retailers buck trend, won't open on Thanksgiving - Tennessean
    While national chains such as Best Buy, Toys R Us, Target and JC Penney are opening earlier on ... Closing on Thanksgiving might mean missing out
    11/26/2014 - 7:40 am | View Link
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BING NEWS:
  • J.C. Penney submits plans for $1M remodel at Lakeshore Mall
    About 70 percent of the redevelopment is complete. Shiers said the mall as a whole is looking good, though he had no comment on Dick’s Sporting Goods closing off J.C. Penney from the other side of the mall.
    12/12/2014 - 6:40 pm | View Link
  • J.C. Penney Is Closing Stores and Cutting Jobs, but Why Is Macy's Doing the Same?
    It's no secret that J.C. Penney (NYSE: JCP ) has been struggling in recent years to not only capture the attention of consumers but to simply make a profit, while top competitor Macy's (NYSE: M ) has continued to capture market share and reward its ...
    02/4/2014 - 7:04 am | View Link
  • J.C. Penney Closing 33 Stores, Cutting 2000 Jobs
    Embattled J.C. Penney is closing 33 stores and cutting 2000 jobs in an effort to start earning profit again. J.C. Penney has been struggling for months, thanks to plummeting sales figures under ousted CEO Ron Johnson. All of the job cuts are related to ...
    01/16/2014 - 7:00 pm | View Link
  • J.C. Penney to Cut 2,000 Jobs While Closing 33 Stores
    J.C. Penney Co. (JCP) Chief Executive Officer Mike Ullman, intensifying efforts to revive the money-losing department-store chain, plans to close 33 stores and eliminate about 2,000 jobs to help save $65 million a year. The closings and cuts will result in ...
    01/16/2014 - 4:17 pm | View Link
  • J.C. Penney closing 33 stores, laying off 2,000
    J.C. Penney said Wednesday it will close 33 underperforming stores and lay off 2,000 employees as the venerable but troubled retailer continues a sweeping turnaround effort. The company said the closings will save about $65 million a year beginning in 2014.
    01/16/2014 - 12:11 am | View Link
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BING SEARCH:
  • J. C. Penney
    J. C. Penney and Company, Inc., known as JCPenney (JCP and Penney's for short), is a chain of American mid-range department stores based in Plano, Texas.
    12/20/2014 - 6:38 pm | View Website
  • JCP Stock Price & News
    J.C. Penney Co. Inc. Stock - JCP news, historical stock charts, analyst ratings, financials, and today’s J.C. Penney Co. Inc. stock price.
    12/20/2014 - 11:14 am | View Website
  • JCP: Summary for J.C. Penney Company, Inc. Holdi- Yahoo ...
    View the basic JCP stock chart on Yahoo! Finance. Change the date range, chart type and compare J.C. Penney Company, Inc. Holdi against other companies.
    12/20/2014 - 6:42 am | View Website
  • Does J.C. Penney Need to Close 100 Stores to Thrive? (NYSE ...
    J.C. Penney has more than 1,000 stores, and the retailer still loses money. So it stands to reason many locations are not profitable.
    11/14/2014 - 5:59 am | View Website
  • J.C. Penney Earnings Raise Questions About Store Closings ...
    J.C. Penney has tried to fight back from the disastrous period when Ron Johnson ran the company from January 2011 until April 2013.
    11/13/2014 - 1:42 am | View Website
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