JCPenney is closing 8 stores - here's where they will shut down
Advertisement
AP
Advertisement
- JCPenney is closing eight stores in eight states from New Jersey to California.
- The retailer also revealed this week that it is closing a distribution center that fulfills online orders, which will result in 670 job cuts.
JCPenney is closing eight stores and firing 470 employees, CNBC reports.
The closures span eight states from New Jersey to California. The stores will permanently close in May. JCPenney did not immediately respond to a request for comment.
Here are the cities where stores will close:
- St. Louis, MO
- Paramus, NJ
- Galesburg, IL
- Alexandria, MN
- Bartlesville, OK
- Burlington, WA
- Calexico, CA
- Mt. Vernon, OH
JCPenney also revealed this week that it is closing a distribution center in Wisconsin that fulfills online orders. About 670 workers will lose their jobs as a result of the closure.
Advertisement
EXCLUSIVE FREE SLIDE DECK:
The Future of Retail 2018 by the BI Intelligence Research Team.
Get the Slide Deck Now »
The Future of Retail 2018 by the BI Intelligence Research Team.
Get the Slide Deck Now »
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market