CHESAPEAKE, Va. (WVEC) — The list is not out, but with the announcement that retailer JCPenney will close between 130 to 140 of its locations nationwide, some people are especially fearful that the.

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J. C. penney company announced friday plans to close two distribution facilities and approximately 130 – 140 stores over the next few months, including five in Indiana. JCPenney to close 5 Indiana stores, 130-140 nationwide – Business News – 13 WTHR Indianapolis

(WKBW) – JCPenney has announced they will close 130-140 stores nationwide. There are seven local stores, including locations at the Boulevard Mall, Walden Galleria, Eastern Hills Mall, McKinley Mall, Chautauqua Mall, D & F plaza in Dunkirk, and in the Batavia City Center. It’s unclear which, if any, of these stores will close.

JCPenney Co. announces closing of up to 140 stores, leaving Alton, communities nationwide nervous. Alex B. Heeb, aheeb@civitasmedia.com. Published 6:12 pm CST, Friday, February 24, 2017

Under the plan, JCPenney expects to close two distribution facilities and approximately 130 – 140 stores over the next few months. These strategic decisions will help align the company’s brick-and-mortar presence with its omnichannel network, thereby redirecting capital resources to invest in locations and initiatives that offer the greatest revenue potential.

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Local JCPenney store not closing. In a statement released in February, JCPenney made public its plans to shutter between 130 and 140 stores to "redirect capital resources to invest in locations and initiatives that offer the greatest revenue potential.".

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JCPenney announced plans to close up to 140 store locations and two distribution centers, including the one in Lakeland. The company on Friday revealed plans to shutter up to 140 of its stores nationwide over the next few months and its distribution centers in Lakeland, Florida, and Buena Park, California. The move is hoped to help JCPenney better compete in the changing marketplace, CEO Marvin R. Ellison said in a statement.

 · JC Penney will be closing up to 14% of its stores in an attempt to stay competitive with online behemoths like Amazon – and to save a whopping 0 million.. facilities and around 130 to 140.

The Children’s Place planned to close 200 stores between fiscal 2015 and 2017. That will be a big disappointment for parents. Just last month, retail giant JCPenney announced as many as 140 stores to.