The JC Penney store at Three Star Mall is not one of the stores which will be closed, the company announced Friday.
As part of a continuing effort to advance sustainable growth and long-term profitability, JC Penney will be closing 138 stores, one supply chain facility in Lakeland, Fla., and relocating one supply chain facility in Buena Park, Calif.
Three JC Penney stores in Tennessee were selected to be closed. Those stores are in Knoxville, Greeneville and Union City.
Approximately 5,000 positions nationwide will be impacted by the store closures, most of which will occur in June. JCPenney is in the process of identifying relocation opportunities within the company for esteemed leaders.
Additionally, JCPenney will provide outplacement support services for those eligible associates who will be leaving the Company. Most affected stores will begin the liquidation process April 17.