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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BING NEWS:
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BING SEARCH:
  • 23 Large Retailers Besides J.C. Penney Are Closing Waves ...
    "We believe closing stores will also allow us to adjust our business to effectively compete against the growing threat of online retailers," J.C Penney Chairman and ...
    06/19/2017 - 2:26 am | View Website
  • J. C. Penney
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    06/14/2017 - 11:58 am | View Website
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