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Penney store closing: Houghton 1 of 138 shuttered

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JC Penney to close its Citadel Mall store

The J.C. Penney store, located within the Summit Square shopping plaza in Calcutta, will remain open.

Five stores in Georgia, but none in North Georgia, among the 138 locations J.C. Penney announced Friday it will shutter in the coming months as the retailer seeks to cut costs and improve its profitability.

JC Penney is closing its Winona store in the next few weeks, while the La Crosse store in Valley View Mall will remain open.

"Obviously, we are delighted for the mall and the community", said Mall General Manager Ken Huge.

Along with the listed stores, Penney noted plans to close one supply chain center in Florida and relocate another in California.

In a prepared statement, J.C. Penney officials said the closings are part of the company's strategy to reduce its overall size nationally.

The moves were made "to align the Company's physical store footprint and omnichannel network", reads a release.

The closures include eight stores each in Texas and Minnesota and seven stores a piece in Pennsylvania, Illinois and MI.

Most stores will begin liquidating in April and close in June.

The closings will leave J.C. Penney with a total of about 900 stores.

JCPenney will provide outplacement support services for eligible associates who will be leaving the company, according to the retailer.

The nationwide retailer announced Friday that 138 stores would be shuttered across the country, including four Iowa stores in Decorah, Fort Dodge, Oskaloosa and Ottumwa.

Similar Penney closings took place in 2014, when 33 locations, affecting 2,000 employees, were shuttered.

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