log in to manage your profile and account
- Create your account
- Receive up-to-date newsletters
- Set up text alerts
Published: Thursday, April 13, 2017 @ 4:21 PM
— JC Penney is postponing the liquidation sales and closures of 138 stores across the U.S.
The retailer announced earlier this year that it would close 138 stores, including four in Ohio, but now they are pushing back the closure dates. CNBC reported that the store closure list has prompted customers to come in and shop.
“Those stores have seen better-than-expected sales and traffic,” as spokeswoman told CNBC.
Liquidation sales will now start May 22, and stores will close July 31. That’s about six weeks later than the initial closure date scheduled.
The store nearest to Dayton on the list is located in St. Mary’s Square shopping center in St. Mary’s. The struggling department store retailer also plans to close stores in Ohio at New Towne Mall in New Philadelphia; Richmond Town Square in Richmond Heights; and Findlay Village Mall in Findlay.
About 5,000 workers will lose their jobs. JC Penney will continue to operate almost 900 stores.
FIVE FAST BUSINESS READS