J.C. Penney stays open in St. Cloud
A list published Friday morning by
The company said several weeks ago that it would be closing more than 130 stores over the next few months and offer buyouts to 6,000 workers as the department-store industry competes online sellers.
"We're a regional hub, so our business here is very good and we have a big client base," said
The cuts come amid mounting challenges for once-stalwart department store chains such as
The cost cuts will "allow us to raise the overall brand standard of
Van Boening said with the store closures comes a more concerted effort to improve services at the stores remaining open.
"There is going to be a bigger effort in terms of online, as well as expansion in home divisions and expanded merchandise offerings," he said.
The closures, which account for about 14 percent of its locations, come as the department-store industry struggles to keep up with online sellers and niche retailers.
This report includes information from
(ASTERISK) One of the original stores at Crossroads Center.
(ASTERISK) Opened at the mall in the first week of 1966.
(ASTERISK) Had previously operated a store on
(ASTERISK) Gained an additional entrance with 2004 expansion of the mall.
(c)2017 St. Cloud Times (St. Cloud, Minn.)
Visit the St. Cloud Times (St. Cloud, Minn.) at www.sctimes.com
Distributed by Tribune Content Agency, LLC.
© Tribune Content Agency, source