JCPenney Closing 138 Stores, Two Are In Florida

Follow CBSMIAMI.COM: Facebook | Twitter

MIAMI (CBSMiami) – J.C. Penney plans to close another 138 stores, including two in Florida, this summer.

The company announced the closures of the poorly performing locations in an effort to improve profitability.

Click Here For A List Of Which Stores Will Be Closing

The two stores closing in Florida are in Jacksonville and Palatka.

Most of the stores will close in June, expect liquidation sales to begin in mid-April.

J.C. Penney says the closures will affect about 5,000 workers.

[graphiq id=”4NKReeyId3T” title=”J. C. Penney Company, Inc. (JCP) Key Financial Metrics” width=”600″ height=”575″ url=”https://w.graphiq.com/w/4NKReeyId3T” link=”http://listings.findthecompany.com/l/10288313/J-C-Penney-Company-Inc-in-Plano-TX” link_text=”FindTheCompany | Graphiq” ]

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Miami

Weather Forecast 24/7
CBS4 New Home For Florida Lottery

Watch & Listen LIVE