• J.C. Penney Closing Another Eight Stores

    One year ago - By WWD

    J. C. Penney Co. is closing another eight stores this year, the company said Thursday.
    These closures come on top of the massive round of cuts last year, when the retailer said it would shutter up to 140 doors.
    Of the eight stores set to close this year, one in St. Louis, Mo., already closed on Jan. 21. A unit in Paramus, N.J. started liquidating on Jan. 25 and is scheduled to go dark March 10.
    “For the remaining six locations, the store liquidation process will begin on March 5 and the stores will close on or about May 12,” a Penney's spokesman said. These six stores are in Galesburg...
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