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J.C. Penney (JCP) plans to close 130 to 140 stores and offer
buyouts to 6,000 workers as the department-store industry sags
in competition with online sellers and nimble niche retailers.
The company said Friday that it would shutter 13% to 14% of its
locations and introduce new goods and services aimed at the
shifting preferences of its customer base.
A list of Penney stores to close will be released in mid-March.
Liquidation sales are expected to take place by the second
quarter.
The company operates 23 stores in Michigan. They are located in:
Alma, Alpena, Bay City, Battle Creek, Big Rapids, Burton,
Cadillac, Escanaba, Flint, Grand Rapids, Grandville, Greenville,
Holland, Lansing, Midland, Mt. Pleasant, Muskegon, Okemos,
Owosso, Petosky, Portage, Traverse City, and Saginaw.
http://www.freep.com/story/money/business/2017/02/24/jc-penney- store-closures/98370834/
White nasty lesbians don't promote or sell well in black markets.
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