J.C. Penney continues to shrink as it tries to beat a path out of bankruptcy. The retailer is in Chapter 11 in part because of a huge lack of sales. A sign that the company was out-sized relative to a diminished customer base.
Following a comprehensive review of our retail footprint, JCPenney made the difficult decision to announce over 150 store closures. Liquidation sales at most closing store locations are now underway. In a hearing this week, an attorney for the retailer said that vendors are holding back inventory as they wait for a deal to be signed and closed.
JCPenney is trying to move forward on its proposed deal to sell its department store operations to Simon Property Group and Brookfield Property Partners.
Sephora inside JCPenney is closed in liquidating stores. Sephora items purchased prior to Friday, June 12, 2020, may be returned throughout the entire liquidation sale at most closing stores. Dates may vary by location. Contact your local store for more details.
Most hair salons in closing stores will operate through mid-August, yet this is subject to change on a location-by-location basis. The company spent so much time over the past 10 years “re-branding” itself that it forgot about the most important piece…It’s associates working in the stores and the customers shopping in it. Sad state of affairs.
Their is zero support of managers from upper management. Your job security is based on weather or not the upper management likes you and when you ask for guidance you are basically told to figure it out yourself.
This company talks about training and promoting within the company. They will go outside the company to hire for a job that use associates within the salon. Very poor company on promoting the associates. Sad state of affairs for loyal employee’s of this company. But you will find out in the beauty industry it is all over like a virus, the way employee’s are taken advantage of. No benefits, lack of a living wage, no insurance etc. I hope they all find good employment.
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