J.C. Penney closing more stores after holiday sales dip - week.com
Week.com - Thu 10 Jan 01:10 GMT

J.C. Penney closing more stores after holiday sales dip - week.com

PLANO, Texas (WEEK) -- Retailer J.C. Penney will close three more stores nationwide after missing the mark on holiday sales. The retailer did not mention

  PLANO, Texas (WEEK) — Retailer J.C. Penney will close three more stores nationwide after missing the mark on holiday sales.

  The retailer did not mention which stores might be closing.

  The closures will come as part of an ongoing evaluation of the department store’s portfolio over the next few months.

  In 2017, J.C. Penney closed 138 stores across the U.S., including locations in Bloomington, Canton, Peru and Macomb.

  Holiday sales were down 3.5 percent on a shifted basis over the nine-week period ending Jan. 5.