J.C. Penney Co. Inc. is slimming down its brick-and-mortar footprint as the department store chain continues its turnaround while navigating a tough climate in which traditional retailers are trying to grow online sales.The Plano, Texas, retailer announced Friday it expects to close 130 to 140 stores and two distribution centers over the next few months. J.C. Penney plans to release a complete list of the planned closures in mid-March, with almost all affected stores slated to close [...]
Source Business - poconorecord.com http://ift.tt/2lE9XVY
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