{"id":597421,"date":"2017-03-17T11:50:55","date_gmt":"2017-03-17T16:50:55","guid":{"rendered":"http:\/\/www.ktbb.com\/post\/?p=597421"},"modified":"2017-03-18T14:25:27","modified_gmt":"2017-03-18T19:25:27","slug":"three-jcpenney-stores-due-to-close-in-east-texas","status":"publish","type":"post","link":"https:\/\/ktbb.com\/post\/?p=597421","title":{"rendered":"Three JCPenney Stores Due to Close in East Texas"},"content":{"rendered":"<p><a href=\"http:\/\/www.ktbb.com\/post\/wp-content\/media\/2017\/03\/th-2.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.ktbb.com\/post\/wp-content\/media\/2017\/03\/th-2-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" class=\"alignleft size-thumbnail wp-image-597423\" srcset=\"https:\/\/ktbb.com\/post\/wp-content\/media\/2017\/03\/th-2-150x150.jpg 150w, https:\/\/ktbb.com\/post\/wp-content\/media\/2017\/03\/th-2-200x200.jpg 200w, https:\/\/ktbb.com\/post\/wp-content\/media\/2017\/03\/th-2.jpg 250w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a>(NEW YORK) \u00e2\u20ac\u201d Last month, JCPenney announced it would be closing up to 140 of its stores in an effort to sustain profitability and compete against online retailers. And now, the company has revealed which of its locations will be affected.  In East Texas, the Tyler and Longview stores will stay in business, but the outlets in Athens, Marshall, and Nacogdoches will be shutting down.  In all, 138 stores will be closed, along with a supply chain facility in Lakeland, Florida. Another supply chain facility in Buena Park, California will be relocated.  JCPenney said most stores will close in June but begin the liquidation process on April 17.<!--more--> <\/p>\n<p>\u00e2\u20ac\u0153Our decision to close stores will allow us to raise the overall brand standard of the Company and allocate capital more efficiently,\u00e2\u20ac\u009d JCPenney CEO Marvin Ellison explained in a statement last month.  \u00e2\u20ac\u0153We believe closing stores will also allow us to adjust our business to effectively compete against the growing threat of online retailers,\u00e2\u20ac\u009d he added.  Approximately 5,000 positions will be affected by the store closures across the U.S., JCPenney said.   The retailer said affected workers will receive separation benefits, which include help finding other employment opportunities as well as assistance in writing resumes and preparing for interviews.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(NEW YORK) \u00e2\u20ac\u201d Last month, JCPenney announced it would be closing up to 140 of its stores in an effort to sustain profitability and compete against online retailers. And now, the company has revealed which of its locations will be affected. In East Texas, the Tyler and Longview stores will stay in business, but the &hellip; <a href=\"https:\/\/ktbb.com\/post\/?p=597421\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Three JCPenney Stores Due to Close in East Texas<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":597423,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[177],"tags":[],"class_list":["post-597421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local-news-archive-archives"],"publishpress_future_action":{"enabled":false,"date":"2026-07-16 06:50:31","action":"change-status","newStatus":"trash","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/597421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=597421"}],"version-history":[{"count":1,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/597421\/revisions"}],"predecessor-version":[{"id":597424,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/597421\/revisions\/597424"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/media\/597423"}],"wp:attachment":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=597421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=597421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=597421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}