JCPenney closing 138 stores, including 4 in Wisconsin

Local News
JCPenney

NILES, IL – MAY 3: A JCPenney store sign is seen May 3, 2005 in Niles, Illinois. The magazine “At Home with Chris Madden,” from Hachette Filipacchi Media and which hits newsstands today, and Madden’s home collection for JCPenney now compete directly with Martha Stewart’s lifestyle empire. (Photo by Tim Boyle/Getty Images)

JCPenney announced which locations will close, included are four Wisconsin locations and four in the Upper Peninsula. 

Pine Tree Mall in Marinette, Marshfield Mall in Marshfield, Richland Square Shopping Center in Richland Center and Rapids Mall in Wisconsin Rapids are the locations closing in Wisconsin. 

An official with JCPenney tells Local 5 that the Marinette store currently employs 25 people. 

Also on the list of closings are four locations in the U.P. Those stores are the Delta Plaza in Escanaba, the Birchwood Mall in Kingsford, the Copper Country Mall in Houghton, the Cascade Crossing in Sault Ste. Marie. 

In February, the department store chain announced that they would be closing up to 140 locations. 

“We understand that closing stores will impact the lives of many hard working associates, which is why we have decided to initiate a voluntary early retirement program for approximately 6,000 eligible associates. By coordinating the timing of these two events, we can expect to see a net increase in hiring as the number of full-time associates expected to take advantage of the early retirement incentive will far exceed the number of full-time positions affected by the store closures,” said Marvin R. Ellison, chairman and chief executive officer of JCPenney. 

Those impacted by the job cuts are said to be receiving separation benefits. 

The company did not give an exact date of the closings but said it would be over the next couple months. 

Check here for all of the locations closing: 

Copyright 2020 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Don't Miss

More Don't Miss

Coronavirus News

More Coronavirus

Trending Stories

Your Local Election HQ

More Election

Local Sports

FVL rallies past Reedsburg, Luxemburg-Casco rolls into sectional finals

Seymour cruises into sectional finals, Roncalli/Two Rivers advances in penalty kicks

FVL girls volleyball rallies past Reedsburg, Roncalli/Two Rivers boys soccer advances in penalty kicks

Green Bay Nation 10/28: Breaking down the Texans

Green Bay Nation 10/28: Pick Em

Green Bay Nation 10/28: Challenge or No Challenge