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   
BING NEWS:
  • J.C. Penney shareholders polite but concerned about the Texas-based chain
    We're not satisfied, but we're improving and we feel good about where we're going." J.C. Penney shares take a beating, closing at historic low, after big sales miss Shareholder Peyton K. McElyea of Los Angeles-based Dirigo Capital Group LLC suggested that ...
    05/19/2017 - 10:31 am | View Link
  • J.C. Penney expands into B2B sales
    A spring sales uptick postponed the scheduled closing of 138 Penney stores by a month, with liquidation sales set to begin May 22, a company spokeswoman said. The stores will now close on July 31, compared with an earlier goal of mid-June. “Since we ...
    05/19/2017 - 9:24 am | View Link
  • The retail apocalypse is pushing JCPenney to its lowest point in history
    JC Penney's stock is trading at its lowest point in history. The company is currently worth less than it was when it started trading nearly 40 years ago. JCP announced earlier this year that it's closing 138 stores in 2017, which marks a trend for many ...
    05/19/2017 - 2:16 am | View Link
  • Lifetime Fitness considers Penney's space at Southdale
    Penney's is still operating in the Edina shopping center and that location is not listed among the nearly 140 stores closing within the next several months. Jason Thunstrom, Life Time Fitness spokesman, said that the company is beginning to consider ...
    05/16/2017 - 8:41 am | View Link
  • Have Analysts Finally Given Up on JC Penney?
    Closing stores and selling assets to boost earnings works for a while, but like all things that can’t go on forever, these won’t either. J.C. Penney Co. Inc. (NYSE: JCP) may have reached that point. When the company reported earnings last Friday ...
    05/15/2017 - 3:55 am | View Link
  • More
BING SEARCH:
  • 20 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 ...
    05/16/2017 - 7:27 pm | View Website
  • J. C. Penney
    J. C. Penney Company, Inc. (doing business as JCPenney) is an American department store chain with 1,014 locations in 49 U.S. states and Puerto Rico. In addition to ...
    05/14/2017 - 4:59 pm | View Website
  • J.C. Penney Won’t Be Closing Stores Just Yet | Fox Business
    Planned store closures have lured more shoppers to JCPenney stores, which has prompted the company to delay the liquidation process.
    04/13/2017 - 5:57 pm | View Website
  • J.C. Penney, Sears, Kmart, Macy's, Gander Mountain, MC ...
    Sears, J.C. Penney, Kmart, Macy's: These retailers are closing stores in 2017. A look at the top retailers that have announced store closings in 2017.
    03/22/2017 - 10:31 am | View Website
  • Is my J.C. Penney closing? Check this list
    J.C. Penney announced it would close 140 stores and two distribution centers last month amid cratering sales and lower-than-expected earnings. On Friday the company ...
    03/17/2017 - 12:10 pm | 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