J.C. Penney Co. closing up to 140 stores. No word if Valley locations are on list

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Sears Holding Co. said last week. workers across the country. J.C. Penney in February announced plans to close two distribution centers and between 130 and 140 stores nationwide this spring. The.

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West Lebanon – The JCPenney. Valley Plaza is not on the list of locations to be closed at part of the department store giant’s effort to return to sustainable profitability. Plano, Texas-based J.C..

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Fate uncertain for metro JCPenney stores. JCPenney announced Friday it will close up to 140 stores nationwide by mid 2017 after disclosing same-store sales were down .7% in its new quarterly report.

No word yet on Petoskey site’s future, manager says. PLANO, Texas – As part of an effort to refocus resources where its competitive position is stronger, department store chain J.C. Penney today, Friday, announced a plan that includes closing about 130-140 stores and offering a voluntary early retirement program for roughly 6,000 employees. In.

JCPenney plans to close up to 140 stores and offer buyouts to 6,000 employees over the next few months as part of an effort to compete with online sellers. FILE – In this Friday, Oct. 23, 2009 file photo, shoppers visit a J.C. Penney store in New York. J.C. Penney Co. is reporting a 78 percent drop in its third-quarter earnings Friday, Nov. 13, 2009, because of.

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More than 1,875 fashion-focused stores are closing. downtown locations. The company continues to have seven stores in New York as well as its Polo Bar Restaurant. The Disappearing Store Base: The.

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The closures represent about 13 percent to 14 percent of the department store operator’s current store count.

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J.C. Penney to close up to 140 stores. WPXI Pittsburgh. – J.C. Penney said Friday that it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next.

A JC Penney store is viewed at the Gateway Center Mall in Brooklyn on August 29, 2014, in New York City. NEW YORK – JCPenney plans to shutter as many as 140 stores in the coming months, the latest.

During the first quarter, the company’s sales rose 0.2 percent at established stores, nowhere near the 2.1 percent. according to FactSet. Shares of J.C. Penney Co. fell 38 cents to close Thursday.