• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Business / J.C. Penney closing stores in Decorah, Ft. Dodge, Oskaloosa, Ottumwa

J.C. Penney closing stores in Decorah, Ft. Dodge, Oskaloosa, Ottumwa

March 18, 2017 By Radio Iowa Contributor

Officials with the Texas-based J.C. Penney Company are announcing the closure of 138 stores, including four in Iowa.

The stores in Decorah, Fort Dodge, Oskaloosa and Ottumwa will be affected by the closure. In a press release, J.C. Penney officials say as a part of a continuing effort to advance sustainable growth and long term profitability 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. The liquidation process for the stores will begin on April 17th. J.C. Penney officials are in the process of identifying relocation opportunities within the company for its workers.

(By Pat Powers, KQWC, Webster City)

Share this:

  • Facebook
  • Twitter

Filed Under: Business, News

Featured Stories

Iowans 65+ now eligible in next phase of Covid vaccinations

Bill would remove transfer limits in five Iowa school districts

Former Iowa sports talk host sentenced to federal prison for ticket scams

Feenstra only member of Iowa delegation not at Biden’s inauguration

Congresswoman Axne favors Biden pandemic relief plan, Hinson not ruling out a ‘yes’

TwitterFacebook
Tweets by RadioIowa

UNI adds two nonconference games to basketball schedule

Iowa State-Kansas postponed

Iowa-Michigan State postponed

Fire damage to Riverfront Stadium electrical system will cost Waterloo thousands

Iowa State at Kansas State postponed

More Sports

eNews and Updates

Enter your email address:

Delivered by FeedBurner

Archives

Copyright © 2021 · Learfield News & Ag, LLC