JCPenney to close between 130 and 140 stores nationwide

Long-struggling JCPenney announced Friday morning it is closing 130 to 140 stores nationwide in the next few months, in addition to shuttering its distribution center in Lakeland. In a statement.

The national retailer plans to close 138 underperforming stores. The national retailer is trimming nearly 140 stores from its portfolio. In addition to Waterville’s store, other JC Penney stores in.

J.C. Penney will be closing 130-140 stores in the coming months, the company reported Friday.

J.C. Penney will be closing 130-140 stores in the coming months, the company reported Friday.

LITTLE ROCK, Ark. (KTHV) – On Friday, JCPenney revealed which stores it will close nationwide. The chain clothing-store announced plans to shut down between 130 and 140 stores a few weeks ago.

JCPenney says Benton is one of the 138 stores to close March 17, 2017 By Shelli Poole 2 Comments We heard a few weeks ago that the JCPenney corporate offices had a plan to close 130-140 stores nationwide in an effort to get stronger as a company.

Under the plan, the Company expects to close two distribution facilities and approximately 130 – 140 stores over. and a more vibrant in-store shopping environment," said Marvin R. Ellison, chairman.

NEW YORK — On Friday, JCPenney announced the locations of 138 stores that are closing. In February, the company announced that 130-140 store closures would be coming this year. Approximately.

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 · J.C. Penney Co. will shutter two distribution centers and 130 to 140 stores as the big-box department store contends with falling foot traffic and ramps up to compete with online retailers.

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This year alone, at least 13 retailers are closing more than 1,500 stores nationwide. The Limited and Wet Seal – with more than 400 apparel stores between. JCPenney, which has six Baltimore-area.

J.C. Penney announced Friday that it will close 130 to 140 stores nationwide over the next few months, a move officials say will enable it better align itself with its online efforts and channel.

JC Penney Co. announced Friday plans to close up to 140 stores and two distribution centers and offer about 6,000 early retirement packages, according to a news release.

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 · J.C. Penney is closing these 138 stores this spring as it looks to focus on the stores with most potential.

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