Local News

No eastern N.C. JCPenny stores slated to close

Six others will close in N.C.

NEW BERN, Craven County - JCPenney has released the full list of stores it plans to close. None of the locations in eastern N.C. are on that list.

Six locations in North Carolina are slated for closure, according to a press release from JCPenny: Albemarle, Boone, Gastonia, Hendersonville, Monroe and Roanoke Rapids. Locations in Greenville, New Bern, Rocky Mount, Goldsboro, Jacksonville and Wilmington will not close.

The closures are among the 138 locations across the country that will be closing.

The company said most of the changes will happen this June and they will start liquidating next month. It expects they will affect approximately 5,000 positions nationwide, adding that it is trying to identify relocation opportunities.

The company previously said it would also initiate a voluntary early retirement program for about 6,000 eligible employees.

The closures represent about 13 percent to 14 percent of the department store operator's current store count, and less than 5 percent of total annual sales.

The announcement came in late February as the Plano, Texas-based chain posted a profit in the fourth-quarter compared to a loss a year ago. But total sales were down slightly, and a key revenue metric declined slightly as well.

The Associated Press contributed to this story.


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