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

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J. C. Penney closing up to 140 stores. February 27, 2017 | Print this page Image courtesy of JCPenney. J. C. Penney Co. Inc. has announced plans to close two distribution facilities and 130 to 140 stores over the next few months. A list of the planned store closures will be released mid-March, the Plano, Texas-based retailer said in a statement.

 · Q4 2018 J C Penney Company Inc. I’ll rejoin the call shortly to provide a few closing remarks before opening up the lines for questions.. we were co-tenant with just over 90 Sears store.

J.C. Penney says it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next several months as it aims to improve profitability in the era of online shopping.

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The outlet mall also is wrapping up. Co. to Nordstrom Inc. – reported disappointing first-quarter sales, according to Bloomberg calculations. J.C. Penney is shutting down about 140 locations, while.

J.C. Penney closing up to 140 stores, but Austin impact unclear. The Plano-based company said Feb. 24 that it would shutter two distribution facilities – one in Florida and another one in California – and between 130 and 140 stores over the next few months. There are five locations in the austin area: barton creek square mall, 2901 S Capital of Texas Hwy.

J.C. Penney closing up to 140 stores. The closures will represent about 14 percent of J.C. Penney’s total store portfolio, but less than 5 percent of total annual sales, officials said. The chain has eight locations in the St. Louis metro area.