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Local Penney's not on closings list

20 March, 2017, 00:31 | Author: Paula Vaughn
  • JC Penney says which stores it will close - CNBC.com

The closest locations slated for closing are in the Columbia Mall in Bloomsburg and Bradford Towne Center in Towanda.

On Friday, Penney released a list of 138 stores which it plans to close nationwide, reflecting about 14 percent of its total store count.

Most stores will start the liquidation process on April 17, and the closures will be complete by June.

An executive with the company that owns the Auburn Mall, Jim Hull, says the decision reflects declining sales by J.C. Penney and isn't isolated to one place.

Karen Doyle, a sales associate with J.C. Penney, assists a customer at the Summit Square store in Calcutta, which is not among the 138 stores nationwide that will be closing its doors.

In a prepared statement, J.C. Penney officials said the closings are part of the company's strategy to reduce its overall size nationally.

Maryland Man Arrested for Alleged Tweet Triggering Epilepsy Attack
He had also researched epilepsy seizure triggers on the epilepsy.com website. 'It triggers a physical effect'. Shortly after the attack, Eichenwald's account tweeted: "This is his wife, you caused a seizure".

Sales at Penney's stores which have been open for more than a year fell 0.7 percent in the fourth quarter which ended January 28, a bigger drop than the 0.5 percent decrease analysts predicted. Traditional department stores are losing market share to off-price competitors and online retailers like Amazon.

On Friday, the retail chain announced approximately 5,000 jobs would be affected after warning last month that closures were coming in an attempt to adapt to changing shopping patterns.

Built in 1991, the Martinsburg Mall was purchased by Martinsburg Development Partners LLC in 2013.

"Thanks to the loyalty of the customers in the area, we're remaining open and we're adding departments in our store as we speak", said Cory Bufalini, manager of the Calcutta store.

She said PREIT's expectation was that the store would remain open.

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