J.C. Penney closing 6 Michigan locations
J.C. Penney will close six locations in Michigan as part of a national string of store closings, the company announced Friday. None are in southeast Michigan.
The 138 closures nationwide represent about 13 percent of J.C. Penney stores, and affect 5,000 employees nationwide. The cuts come as the company attempts to “optimize its national retail operations.”
The retailer said in February that it would close up to 140 stores in the face of shrinking sales and a sluggish forecast.
The company has estimated the closings will save about $200 million. In a Friday news release, J.C. Penney said the company is in the process of “identifying relocation opportunities within the company for esteemed leaders” employed at the stores that will be closed.
The following Michigan locations will close in June, with liquidations beginning April 17:
■Delta Plaza, Escanaba
■Westshore Mall, Holland
■Copper Country Mall, Houghton
■Birchwood Mall, Kingsford
■Midland Mall, Midland
■Cascade Crossings, Sault Ste. Marie