Published: Sun, March 19, 2017
Medicine | By Megan Pierce

JC Penney to close seven stores in Pennsylvania

JC Penney to close seven stores in Pennsylvania

J.C. Penney said last month that it is shrinking its store footprint and will, like other traditional retailers, focus on e-commerce as a way to improve its overall profitability.

Six other Pennsylvania stores are on the list.

In addition to the 138 stores, JCPenney announced it is also closing one supply chain facility in Lakeland, Florida, and relocating one supply chain facility in Buena Park, California. J.C. Penney said it will provide outplacement support for those who will lose their jobs.

Most stores will begin liquidation sales on April 17 and close in June.

JCPenney is working on relocation opportunities in the company for what its news release called "esteemed leaders". The Kemmerer store was JC Penny's very first store.

The company said it believes closing stores will allow it to adjust "to effectively compete against the growing threat of online retailers".

Friday morning, the retailer released its list of 138 stores that it intends to close as it seeks to increase revenues.

The J.C. Penney in Marshalltown will remain open, at its location inside the Marshalltown Mall.

JC Penney announced Friday that it will close its store at the Berkshire Mall in Lanesborough just north of Pittsfield.

Nine stores will close in Texas, the most of any state.

An obvious part of the corporate-level restructuring, the announcement of closings was also coupled with early retirement incentives for about 6,000 eligible employees.

The Winona JC Penney store is on the list of JC Penney retail stores slated to be closed in the near future. The closings, which the company said would save it $200 million a year, will leave the chain with about 900 stores.

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