Debate Magazine

JCPenney Closes 33 Stores, Fires 2,000 Employees

By Eowyn @DrEowyn

sinking ship

We saw this coming, ever since JCPenney CEO Ron Johnson’s stupid policy to court homosexuals by hiring Ellen Degeneris to be the family store’s spokeslesbian, and featuring lesbians (two moms) and gay men (two dads) in its Mother’s Day and Father’s Day ads.

Why was the policy stupid?

Because the policy alienated many Christians, who still comprise a majority of the U.S. population, whereas homosexuals are a mere 2% of the population.

Although JCPenney finally but belatedly fired Johnson, the damage was done.

Krystina Gustafson reports for CNBC, Jan. 15, 2014, that the struggling department store J.C. Penney announced today it will close 33 underperforming stores and slash 2,000 jobs, in a measure it says will generate annual savings of approximately $65 million.

Penney shares fell 0.9% to $6.95 in after-hours trading.

JCPenney CEO Myron Ullman said: “As we continue to progress toward long-term profitable growth, it is necessary to reexamine the financial performance of our store portfolio and adjust our national footprint accordingly.”

Blah. Blah. Blah.

Here are the 33 stores that will be closed, arranged by the states they’re in:

  1. Alabama: Selma Mall, Selma
  2. California: Arrow Plaza, Rancho Cucamonga
  3. Colorado: Chapel Hills Mall, Colorado Springs
  4. Connecticut: Meriden Square, Meriden
  5. Florida: Lake Square Mall, Leesburg
  6. Florida: Gulf View Square, Port Richey
  7. Iowa: Muscatine Mall, Muscatine
  8. Illinois: Stratford Square Mall, Bloomingdale
  9. Illinois: Hickory Point Mall, Forsyth
  10. Indiana: Five Points Mall, Marion
  11. Indiana: Market Place Shopping Center, Warsaw
  12. Maryland: The Centre at Salisbury, Salisbury
  13. Michigan: Westwood Plaza, Marquette
  14. Minnesota: Northland Mall, Worthington
  15. Mississippi: Singing River Mall, Gautier
  16. Mississippi: Natchez Mall, Natchez
  17. Montana: Butte Plaza Shopping Center, Butte
  18. Montana: N/A, Cut Bank
  19. North Carolina: Vernon Park Mall, Kinston
  20. New Jersey: Burlington Center, Burlington
  21. New Jersey: Phillipsburg Mall, Phillipsburg
  22. Ohio: Wayne Towne Plaza, Wooster
  23. Pennsylvania: Exton Square Mall, Exton
  24. Pennsylvania: Laurel Mall, Hazleton
  25. Pennsylvania: Washington Mall, Washington
  26. Tennessee: Northgate Mall, Chattanooga
  27. Virginia: Bristol Mall, Bristol
  28. Virginia: Military Circle Mall, Norfolk
  29. Wisconsin: Forest Mall, Fond Du Lac
  30. Wisconsin: Janesville Mall, Janesville
  31. Wisconsin: Lincoln Plaza Center, Rhinelander
  32. Wisconsin: Cedar Mall, Rice Lake
  33. Wisconsin: Wausau Mall, Wausau


You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • Refreshing Flower Vases

    Refreshing Flower Vases

    The sun is bright. Fresh produce is in abundance. Vivid flowers are dancing in wind. I can’t help sharing refreshing flower vases that are exotic and quite... Read more

    13 hours, 3 minutes ago by   Vsudarsan
  • Concert Review: They See Perpetual Change

    Concert Review: They Perpetual Change

    Yes celebrate fifty years of music on Staten Island. by Paul J. Pelkonen The men of Yes (Steve Howe, Geoff Downes, John Davison, Jay Schellen, Alan White... Read more

    13 hours, 27 minutes ago by   Superconductor
  • 5 Pieces of Essential Event Advice

    Pieces Essential Event Advice

    Each year, event and meeting professionals gather at conferences where speakers discuss trends, education and ideas for inspired event management. Attendees at ... Read more

    14 hours, 44 minutes ago by   Marketingtango
  • Paula Abdul – Tour Celebrating 30 Years As A Pop And Dance Icon

    Paula Abdul Tour Celebrating Years Dance Icon

    Grammy Award-winning pop legend and dance superstar Paula Abdul has announced a new North American tour this fall – STRAIGHT UP PAULA! – her first solo outing i... Read more

    14 hours, 47 minutes ago by   A Beauty Feature
  • Food Review: Julie’s Kopitiam, Shawlands, Glasgow

    Food Review: Julie’s Kopitiam, Shawlands, Glasgow

    53 total views, 53 views today Julie’s Kopitiam – finally! Eventually, we (or Mrs Foodie did at least!) make it to Julie’s Kopitiam. Read more

    The 17 July 2018 by   Emma
  • Sedo Weekly Sales Led by

    Sedo released their weekly sales and led the way at $55,000. was the second highest sale at 35,000 GBP ($45,906). 46 .com sales 24 cctl... Read more

    The 17 July 2018 by   Worldwide
  • River Town Saints at the 2018 Calgary Stampede – Nashville North

    River Town Saints 2018 Calgary Stampede Nashville North

    Ottawa, ON's River Town Saints made their way to Calgary to play at Nashville North during the 2018 Stampede, and the five boys from Ontario went all in! One... Read more

    The 17 July 2018 by   Phjoshua