JC Penny To Close Boone Mall Store, 137 Others Nationwide
By Norman Carr Mar 20, 2017
J.C. Penney released its long-awaited store closure list Friday and the Valle Vista Mall location was not on it. No stores in Kentucky were slated for closing, while four stores in OH were on the list.
J.C. Penney first announced its plan to close stores in February after posting a profitable quarter.
The Becker Village Mall location is one of six stores closing in North Carolina, The other closures are in Albemarle, Boone, Gastonia, Hendersonville and Monroe.
"We believe closing stores will also allow us to adjust our business to effectively compete against the growing threat of online retailers", J.C. Penney Chairman and CEO Marvin Ellison said.
Most stores will begin liquidation sales April 17 and close in June.
Prairie Hills Mall manager Peggy O'Brien said the "Thank you for shopping locally" campaign launched at the mall this past Wednesday emphasizes the importance of supporting the businesses in Dickinson and supporting the local economy.
The Bon-Ton, Wal-Mart and J.C. Penney anchor stores remained.
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Local J.C. Penney store officials declined comment. Slumping sales from foot-traffic into the stores is the reason, as more people switch to buying on line.
"While we hate to lose any tenant, we are always researching the industry for potential new tenants and now have the opportunity to continue some discussions with those tenants that needed a larger space", Ramirez said.
The Winona location now employs 43 people.
The retailer has been steadily whittling its locations, closing seven stores in 2016, 41 stores in 2015 and 33 stores in 2014, including the one in the Wausau Center mall.
Drennan said that he presumes that Morguard made a similar effort to keep Penney's. "You just hate not having those retail options in the community attracting outside area shoppers".
While the Limited and Wet Seal closed, another store is coming to the Wyoming Valley Mall this year. The change shrank and reconfigured the layout to 331,493 square feet of leasable space.
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