J.C. Penney to close 5 Mississippi stores in nationwide cut - WLOX.com - The News for South Mississippi

J.C. Penney to close 5 Mississippi stores in nationwide cut

JACKSON, Miss. (AP) - Five Mississippi locations are among the 138 stores nationwide that J.C. Penney Co. will close in the coming months as the company seeks to cut costs and improve its profitability.

Mississippi locations targeted are in Columbus, Corinth, Greenville, Meridian and Oxford.

Those remaining are in Biloxi, Flowood, Greenwood, Hattiesburg, Laurel, McComb, Ridgeland, Starkville, Southaven and Tupelo.

Like other department stores, J.C. Penney Co. is hurting as more people shop online instead of heading to the mall. The closures are part of the company's plan announced in February to focus on its best-performing stores.

Liquidation sales will start at stores next month, and most of them will be shut by mid-June. About 5,000 jobs nationwide will be cut.

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

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