JC Penney closing another Alabama retailer
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Retailer JC Penney is closing one more Alabama retail store.
The chain said the JC Penney spot in Company will shut Spring 2021. The exact date for the closure has not been declared. The closure will be the newest JC Penney shutdown in the point out with locations in Andalusia, Florence, Scottsboro and Spanish Fort all closing in the final calendar year.
JC Penney closed some 170 places in 2020 adhering to what it referred to as a “comprehensive assessment of the JC Penney retail footprint.”
“While retail store closure selections are never ever straightforward, our retail store optimization technique is intended to far better position JCPenney to drive sustainable, financially rewarding expansion. We will continue on to operate the the vast majority of our merchants and our flagship keep, jcp.com, to ensure our valued clients proceed to have entry to the goods and manufacturers they have to have and want,” the company explained in a statement.
Liquidation gross sales are expected to get started in Organization later this month.
Other closures are prepared for in Arizona, Idaho, Illinois, Kentucky, Massachusetts, Michigan, Missouri, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Vermont and Washington.
JC Penney filed for Chapter 11 personal bankruptcy in mid-Could 2000 soon after years of product sales declines worsened by the coronavirus-linked shutdowns.
