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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    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.
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