JCPenney to close four stores in California. Only one of those is in Orange County — the location at the The Village at Orange in the City of Orange.
After earlier announcing that the company planned to close under-performing stores nationwide, JCPenney just released its list of exactly which locations it would close. Among those to be shuttered were four stores in California, one in the City of Orange.
The four California stores:
|The Village at Orange||Orange|
JCPenney is a major anchor for The Village at Orange, along with Sears and Walmart. Other large retailers include Ross Dress For Less, HomeGoods, Ulta, Sprouts, and Cost Plus World Market.
Statement from company
The company released the following statement along with the list:
As part of a continuing effort to advance sustainable growth and long-term profitability, J. C. Penney Company, Inc. will be closing 138 stores, one supply chain facility in Lakeland, Fla., and relocating one supply chain facility in Buena Park, Calif., to align the Company’s physical store footprint and omnichannel network. Approximately 5,000 positions nationwide will be impacted by the store closures, most of which will occur in June. JCPenney is in the process of identifying relocation opportunities within
the Company for esteemed leaders. Additionally, JCPenney will provide outplacement support services for those eligible associates who will be leaving the Company. Most affected stores will begin the liquidation process on April 17.