Oregon JC Penney stores to close

Posted March 18, 2017

The Pierre J.C. Penney store is on the list of 138 locations the J.C. Penney company has announced Friday that it intends to close in 2017.

Two other J.C. Penny stores in Louisiana - in DeRidder and in Baton Rouge's Cortana Mall - are also on the list of stores to be closed.

Most of the stores that are closing are expected to begin the liquidation process on April 17 with a lot of them closing in June. The company will offer outplacement support services for eligible associates leaving the company.

JCPenney has released the full list of stores it plans to close - and the good news is almost all of northeast Kansas is in the clear.

JCPenney is working on relocation opportunities in the company for what its news release called "esteemed leaders".

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According to its website, JCP will continue to operate 14 other stores in Arkansas located in Batesville, Conway, El Dorado, Fayetteville, Fort Smith, Harrison, Hot Springs, Jonesboro, Little Rock and North Little Rock.

Penney's, which has more than 1,000 stores in the United States, is the latest mall-based company to respond to soft earnings with store closings.

As a result, JCPenney is closing 138 stores nationwide.

Of the seven Pennsylvania stores on the list of closures released Friday, the closest one to Lancaster is the J.C. Penney at the King of Prussia Mall. Most stores will begin liquidation sales April 17. Penney's announced in February that it would close stores, but it did not announce which stores would close.

The company says the closures are an effort to cut costs and grow sales at its strongest locations. The stores at Southern Hills Mall in Sioux City and Southpark Mall in Spencer will remain open. RadioShack declared bankruptcy last week for the second time in two years and is closing all of its stores.