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   
  • J.C. Penney postpones store closings
    J.C. Penney is delaying the final closing dates for the 138 stores nationwide that it plans to shutter this year. The liquidation sales at the stores will now begin May 22 instead of April 17 as originally planned, CNBC reports. The store closure date has ...
    04/18/2017 - 1:54 am | View Link
  • JCPenney store closing delayed
    The doors of the popular downtown retainler JCPenney won't be closing quite as early as originally expected ... sales at those locations slated for closure prompted the change. Penney spokesman Joey Thomas says that's common, and cited reasons including ...
    04/17/2017 - 1:06 pm | View Link
  • J.C. Penney holds up store closings — for now
    J.C. Penney Co. is delaying by about a month the closing of 138 stores, including three stores in Middle Georgia. The department store chain announced in February that it planned to close up to 140 stores and then identified the closure locations in mid-March.
    04/17/2017 - 10:42 am | View Link
  • J.C. Penney Just Gave 138 Stores Another Month to Live: Here's Why
    J.C. Penney (NYSE:JCP) initially resisted the department-store industry trend toward closing lots of stores. However, the company gave in after sales growth ground to a halt in 2016. Earlier this year, it announced plans to shutter 130 to 140 stores during ...
    04/17/2017 - 1:10 am | View Link
  • J.C. Penney delays closing 138 stores one month due to stronger sales
    J.C. Penney Co. said it’s delaying its plan to close 138 stores by one month because sales and traffic at the locations have been better than expected. The only Southern California store involved is in Orange. In a bid to cut costs and boost its long ...
    04/16/2017 - 4:52 am | View Link
  • More
  • J. C. Penney
    J. C. Penney Company, Inc. (doing business as JCPenney) is a department store with 1,014 locations in 49 U.S. states and Puerto Rico. In addition to selling ...
    04/16/2017 - 3:21 am | View Website
  • 19 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 ...
    04/15/2017 - 5:09 am | 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.
    03/17/2017 - 12:10 pm | View Website
  • J.C. Penney closing 5 Oregon stores | KGW.com
    J.C. Penney on Friday released a list of 138 department stores it plans to close as part of a previously announced plan to shrink its footprint as it grapples with ...
    03/17/2017 - 5:29 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