ASHTABULA TOWNSHIP - Shoppers in Ashtabula County can breathe a sigh of relief - the JCPenney store located inside the Ashtabula Towne Square is not among the stores slated to close this year.
On Friday, the J.C. Penney Company released a list of 138 department stores it will close as part of a previously announced plan to optimize its national retail operations. The company also will close one supply chain facility in Lakeland, Fla., and relocate one supply chain facility in Buena Park, Calif., to align the Company’s physical store footprint and omnichannel network.
In February, the company had estimated that it would close 130 to 140 locations. Most affected stores will begin the liquidation process on April 17, officials said.
“Approximately 5,000 positions nationwide will be impacted by the store closures, most of which will occur in June. JCPenney is in the process of identifying relocation opportunities within the Company for esteemed leaders. Additionally, JCPenney will provide outplacement support services for those eligible associates who will be leaving the Company,” officials said in the announcement.
Stores affected in Ohio include:
Findlay Village Mall in Findlay
New Towne Mall in New Philadelphia
Richmond Town Square in Richmond Heights
St. Mary's Square in St. Mary’s
In an interview with the Gazette earlier this month, Ashtabula Towne Square Property Manager Ken Kister said JCPenny has signed a five-year extension on its lease.