JC Penney closing one ME store

City will survive JC Penney closure

J.C. Penney's two Palm Beach County stores, at Wellington Green and Boynton Beach Mall, will remain open. The company had about 105,000 full and part-time employees a year ago.

J.C. Penney is closing 138 stores across the country.

"Closing a store is never an easy decision, especially given the local impact on valued employees and our most loyal shoppers", Ellison said in a statement.

Eligible associates who do not stay with the company will receive separation benefits, including an on-site career training class, he said.

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The company says they represent about 14 per cent of its locations, but account for just 5 per cent of sales. The company filed a Worker Adjustment and Retraining Notification notice with the state Wednesday that it will lay off 119 employees there between May 19 and October 27.

Another national retailer is going to close some stores, but the list does not include any in the Quad Cities.

J.C. Penney Co.'s downtown Petoskey location was not part of a newly released list of sites targeted for closures as the Texas-based department store chain pursues a "retail optimization" plan.

When the company announced February 24 it would close 130-140 stores, it had more than 1,000 locations in the US and Puerto Rico.

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