Inactive Instrument

Old Copper Company

Equities

JCPNQ

US6795351047

J.C. Penney to Close Stores at Springfield and Greenville on or About April 5, 2015, Affecting 145 Workers

January 08, 2015 at 10:08 am

J.C. Penney will close its Springfield store in the struggling Upper Valley Mall, as well as its Greenville store, this spring, affecting a combined 145 employees. The closings, scheduled 'on or about' April 5, will affect 90 employees in Springfield and 55 in Greenville. The company is also closing a store in the Eastland Mall in Columbus, which has 80 employees.

After the closure of the three stores, J.C. Penney will continue to operate 43 stores in Ohio.

Latest news about Old Copper Company

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Company Profile

Old COPPER Company, Inc., formerly J. C. Penney Company, Inc. (JCPenney) is a holding company. The Company's business consists of selling merchandise and services to consumers through its department stores and its Website at jcp.com, which utilizes applications for desktop, mobile and tablet devices. Its department stores and Website generally serves the same type of customers, its Website offers virtually the same mix of merchandise as its store assortment and other categories, and its department stores generally accept returns from sales made in stores and through its Website. It fulfills online customer purchases by direct shipment to the customer from its distribution facilities and stores or from its suppliers' warehouses and by in store customer pick up. The Company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney, home furnishings and appliances.

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