emfizz.com
emfizz.com March 23, 2017


JC Penney closing one ME store

21 March 2017, 10:44 | Bernard Bryant

DC region's JC Penney stores escape round of closures

City will survive JC Penney closure

Like other department stores, J.C. Penney Co.is hurting as more people shop online instead of heading to the mall.

The company said about 75 employees work at the Jacksonville store at 3000 Dunn Ave. and about 40 are at the Palatka location.

No WARN notices were filed for the store closures as of Friday afternoon.

The retail chain is closing four other OR stores and a total of 138 nationally.

Liquidation of the stores being closed is scheduled to start April 17.

Thomas is in lineup after missing 2 games with knee injury
The Celtics had their three-game win streak snapped as they lost in Philadelphia yesterday afternoon. John Wall led the team with 19 points, Bradley Beal had 18 points, and Otto Porter finished with 16.


Drake breaks Ed Sheeran's young record on Spotify
More Life debuted on Apple's iTunes Radio, where it was played in full, a move other radio stations around the world followed. If you're an Amazon Prime member, that means you can get Amazon Music Unlimited for $7.99 per month of $79 for the year.


Meet 'Sesame Street's' First Muppet With Autism Named Julia
One in 68 children in the US has autism, according to the US Centers for Disease Control , up 30% from 2012 estimates. But rather than reject her Julia , change their game in order to make her fell included.


J.C. Penney store locations at the King of Prussia Mall, the Philadelphia Mills Mall, and at Willow Grove Park will all be shut down possibly as soon as June, the company said.

In addition to J.C. Penney, RadioShack, Hhgregg, Macy's, BCBG Maxazria and American Apparel have all announced closures in recent weeks.

J.C. Penney is one of several big box retailers closing underperforming stores this year. After that, J.C. Penney will still list about 900 stores.

The company tipped the public off to the closures back in February when it released a plan to optimize its retail operation to advance growth and drive profitability.



Other News

Trending Now

Forbes' Billionaire List Reveals Trump Is Nowhere Near the Top 10
Microsoft founder Bill Gates leads the list for the fourth year in a row, with a fortune of US$86b, US$11b more than last year. Following Sy in the list is JG Summit founder, John Gokongwei Jr. whose ranking went up to 250 from last year's 270.

'Sesame Street' to welcome first autistic Muppet
On " 60 Minutes " Sunday night, correspondent Lesley Stahl visited the set of " Sesame Street " to introduce the newest muppet. Sesame's Street's newest character in over a decade is a very special one: Julia , a little orange-haired Muppet with autism.

Vesnina ousts Venus to reach semi-finals at Indian Wells
In an all-Russian women's final, Elena Vesnina defeated Svetlana Kuznetsova 6-7 (6), 7-5, 6-4. "I'm really happy for [Vesnina]". Roger Federer and Stan Wawrinka will meet in an all-Swiss men's final later. "In my opinion, he's the best to ever play".

Donald Trump drops on the Forbes Billionaires List
Warren Buffett had the second-best year, and the biggest gain since Donald Trump was elected president in November 2016. The Asia-Pacific claimed the most billionaires with 720, followed by the USA with 565 and Europe with 530.

Zacks Provided 2 Rating to Viavi Solutions Inc. (NASDAQ:VIAV)
The current share price indicate that stock is 0.26% away from its one year high and is moving 103.47% ahead of its 52-week low. Exelon Corporation's Average Earnings Estimate for the current quarter is $0.66, according to consensus of 10 analysts.

Uber President Only Made It 6 Months Before Resigning
Perhaps the incoming COO's leadership training for Kalanick will proliferate throughout the seemingly crumbling company. A recent video showed Kalanick profanely berating a driver who confronted him about steep cuts in Uber's rates.

Big 12 performs well in NCAA Tournament
The Michigan Wolverines' hot streak continued, as they topped second-seeded Louisville to win their seventh straight game. While UNC is the only ACC team to make it to the regional semifinals, even they haven't had an easy run.

Spicer: no collusion between Trump's campaign and Russian Federation
American taxpayers have paid roughly $3.3 million to cover Trump's Mar-a-Lago visits . "Presidents always travel. Wherever he goes, he carries the apparatus of the White House with us...

France's PSA agrees €2.2bn deal for Opel
Already, GM had pulled out of the Russian market, ended vehicle production in Australia, and taken Chevrolet out of Europe. GM's vehicle portfolio is highly car-centric in Europe, while buyers' preference is for more SUVs and crossovers.

Customs Uniform Saga: Presidency Backs Ali Against Senate
When reminded of the above cases, Jemibewon, praised the humility of Bello Haliru and Haladu Hananiya but stood his ground, still. This time, a Senior Advocate of Nigeria, Mr Femi Falana, in a statement condemned the summoning of Mr Ali by the Senate.