Macy : JCPenney to stay open in Columbia
The decision Friday came as a relief to
"We're pleased and excited they kept the
Hull, which owns 28 mall properties, has 20 JCPenney stores under lease. Five were on the closure list, including stores in Albermarle, N.C.;
"It's a difficult retail environment for traditional mall anchors, not just JCPenney," Mulherin said Saturday.
JCPenney competitors, such as
"Online disruptors, such as Amazon and Amazon Prime, have changed shopping patterns," Mulherin said.
The loss of any business hurts
remembering Goody's decision to leave the
"We were pleased and excited when we saw the Columbia JCPenney was not on the list," Dickey said. "We do not like to hear about any business closing in our area. I'm happy for the local employees, who need their paychecks."
The retail giant came to
"JCPenney has meant so much to the community over the years," Dickey said. "They are a household name, first with their catalogue and then with their retail stores. We are glad they saw fit to stay here. In the meantime, I am hoping something good will happen with the mall and draw more customers there."
JCPenney stands as the last anchor tenant in the mall and recently signed a five-year lease. In previous interviews, General Manager
"The people who own the mall -- the Hull family -- are really good people," said
Buchanan said he's operating on a month to month lease with Hull, waiting to see its redevelopment plans.
"I'm glad JCPenney is staying, but we're struggling right now," Buchanan said. "Doing business in
"I remember when every store in this mall was busy, with
JCPenney, which owns about 1,000 stores nationwide, has been trying to rebound from an ill-fated re-branding decision in 2012 "to be hipper" and fighting with online competitors. It has annual sales of
Stores on the closure list will begin liquidation
"Our decision to close stores will allow us to raise the overall brand standard of the company and allocate capital more efficiently," JCPenney CEO
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