- Last month, J.C. Penney announced it is joining its department store rivals in pruning its store numbers in an era of online shopping.
The Lincoln J.C. Penney store at Gateway Mall was not on the list, nor were any of the three Omaha-area locations.
J.C. Penney this morning publicly announced plans to close 138 stores in smaller communities nationwide, including its store here in Hibbing.
The president of the company that owns Bonita Lakes Mall, Rockstep Capital, says it knew Meridian was a troubled store for JCPenney and this does not come as a surprise at all.
J.C. Penney will provide outplacement support services for those eligible associates who will be leaving the company. The liquidation process is expected begin at affected stores on April 17.
The 51,500-square-foot JC Penney store at Elm Plaza opened September 5, 1984, according to Joseph Thomas, of JC Penney's corporate communications and public relations office in Plano, Texas.
JC Penney has announced its Midland store will be one of 138 locations closing as part of its effort to advance sustainable growth and long-term profitability.
The other MI stores being closed are in Escanaba, Houghton, Kingsford, Midland, and Sault Ste.
It is the third anchor store to close in the Berkshire Mall during the last 18 months.
Closing stores, he added, "will also allow us to adjust our business to effectively compete against the growing threat of online retailers".
"That is the unfortunate side of the retail industry, stores come and go, but we change and adapt with the times", she said. In addition to Yankton, the Mitchell, Watertown, and Pierre JC Penny Stores will close their doors this year.