JCPenney will close 27 stores this year, but not the Rome location in the Freedom Plaza on Erie Boulevard West. That store will stay open.
The closings include 18 full-line department stores and nine home and furniture stores. The stores being shuttered are those that are not “performing well” or “represent a real estate monetization opportunity.” Many stores in the chain saw sales fall 4 percent or more during the holiday quarter, according to a corporate announcement.
Corporate Communications and Public Relations spokesperson, Carter English verified the information via email. “The JCPenney at Freedom Mall in Rome, NY is not a part of the store closures,” English wrote.
The New Hartford store in the Sangertown Square Mall is also expected to remain open.
The company did not release a list of stores set to close.
JCPenney had been reviewing its locations for potential closures as it seeks to cut costs as a result of sluggish sales. According to a public filing, JCPenney had 864 department stores as of Nov. 3, 2018.
“Associates who will be impacted by the store closures will receive separation benefits, which includes assistance identifying other employment opportunities and outplacement services, such as resume writing and interview preparation,” the company announcement added.
The JCPenney chain had sought to increase its sales of appliances and furniture as other retailers moved away from those items, however, J.C. Penney is returning its focus on clothing and home goods, the company said.
For more information, go online to website at jcpenney.com.