JC Penney to Close 33 Stores - Including Salisbury, MD

Jan 15, 2014 -- 5:17pm

After the bell today, J.C. Penney announced that it will close 33 under-performing stores across the U-S, resulting in the elimination of about 2,000 jobs.  The company expects to incur estimated pre-tax charges of approximately $26 million in the fourth quarter of fiscal 2013 and approximately $17 million in future periods.  Included in the list of stores to close – the JC Penney at the Centre at Salisbury in Salisbury, Maryland.
























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