PLANO, TX – (CLARKSVILLENOW) J.C. Penney is planning to close 130 to 140 stores over the next few months and offer buyouts to thousands of employees.
According to USA Today the company said that it will close 13% to 14% of its 1,014 stores and offer a “voluntary early retirement program” to about 6,000 workers.
The list of stores to close will be released next month. J.C. Penny has a Clarksville location in Governor’s Square Mall.