Will JC Penney In West Michigan Close?
The latest "brand that will be eliminated this year" story isn't about Sears or Radio Shack, like it usually is. I have read a half a dozen stories in the last three years predicting those brands demise.
The first set of closings actually comes from JC Penney. The retailer didn't have the Holiday season they would have liked, and so they have to close some locations.
"J.C. Penney plans to close approximately 40 stores in 2015, about 4 percent of the chain's total stores, the retailer told The Huffington Post Thursday.
About 2,250 jobs will be lost, according to Joey Thomas, a spokesman for the company. Most stores will close around April 4, 2015, he said."
Only Michigan store on the list? In Adrian. No West Michigan Penney's are biting the dust. Could still happen though.