Did anyone out there get a email regarding our pensions and what May happens when the new buyer takes over ? What did you think will happen
Topics regarding layoffs at JCPenney
This can't be! Installment payments..,what in the world is going on? It's as if they told us this in advance but I never heard this from the company until now. My take is that they should just pay us all of our severance and let move on.
Anybody else worried that there's been very little news about our future?
My store is an anchor to one of the few malls that are still going strong and we still have surprisingly good sales. Can I take this as a sign that we are safe from closing any time soon or is even that not enough to be certain, considering the new... — read more
We are doing the liquidation that should have taken place in April. Is this happening in all the stores? What a horrible job!
The Outlet stores were shuttered about a decade ago and were very profitable. The CEO at the time didn’t want outlet stores associated with its namesake.....so we were told. There was a third party who purchased most of them but then quickly folded... — read more
https://www.cnn.com/2020/09/13/business/jcpenney-survival-outlook/index.html The agreement gives the company a much needed lifeline to keep 690 stores open while it sets about closing another 149 stores ahead of the holiday shopping season. It... — read more
Sept 27, 2020 original closing date with exit date of Sept 30,2020. Now they are changing the game when some of us have jobs lined up to report to and holding our severance pay over our heads. What a disgrace on their part! We have agreed to hold... — read more
They get saved or more closures? Potential of closing every single store? If only some are closed, any particularly vulnerable locations?
Weren't there supposed to be 220 closures? There's been 140ish. I previously asked when the next closures would be on here and was told November. Where does it say November I start working at a non closing one soon in Ohio
I liked my job at JCP. It was not ideal but my pay was decent and the people I worked with were great folks. And there was at least some sense of independence. And now it looks my store will be replaced by an Amazon fulfillment center. Which will... — read more
https://www.bloomberg.com/news/articles/2020-08-05/j-c-penney-lender-group-seeks-higher-bids-from-potential-buyers Remember how Sussberg (JCP's attorney in bankruptcy) insisted that liquidation wasn't even being considered? This little nugget... — read more
Here are the links to the article and the stores that are closing. I urge anyone working at these stores to brush up your resume and transfer out while you can... — read more
It's been some time since the stores opened for bussiness again but a couple of us are still waiting to get a call back. Not sure how they decided on who got called back and if there's a process they have to follow. Anyone in the same situation, and... — read more
Plan to only keep 250 doors open and convert them to Belk, liquidate the rest.
No staff, want flawless merchandising, board folded, no fitting room hours. No support from so called company, unrealistic expectations. I am stressed above and beyond. Anyone else? Or am I just crazy?
https://www.cnn.com/2020/07/16/business/jcpenney-bankruptcy/index.html Sad. JCP won’t necessarily liquidate bc there’s no value in liquidation . So the building might remain standing bc falling over isn’t much of a relief.
Wondering what is going on at Jcpenney as it seems only a couple of us got called back while most of the store is furloughed. They have us doing multiple jobs because they don’t seem to want to call anyone else back. Nice to work so many hours but... — read more
hearing layoffs on the 15th. big wigs at Corporate and District level. Watch out boys and girls
How is anyone supposed to care about their job when there is literally no incentive. Everyone has been told all year that an increase in performance would mean an increase in wage.. guess not. Screw JCPenney
They've only listed 154 of 242 so far. What about the other 88?
In March and April, retail sales in the U.S. saw the worst two-month decline in history (8.3 percent in March and 16.4 percent in April) due to the coronavirus pandemic. The retail apocalypse has pushed a slew of iconic American retailers to the... — read more
For stores that close do they give them a severance paycheck? So much stuff from jcpenney has been coming in the mail lately it makes me wonder will they screw the employees over.
I feel for the people who were just notified that their store is closing but we will all be in their shoes soon enough. It should be obvious to everybody by now that JCP is beyond saving. They'll try to slow down the bleed by closing more and more... — read more
Here is the list with 154, source below. AL — 1 — Covington Mall — 922 River Falls St — Andalusia, AL 36420 — 334-222-8484 AL — 2 — Regency Square — 301 Cox Creek Pkwy (Rt 133) — Florence, AL 35630 — 256-766-8280 AL —... — read more
Does anyone know which JCPenney Stores are expected to close? I still have not seen the list yet
Has anyone received any information on their separation date? I haven’t heard anything . The stores are still closed. Would powerline be able to help?
We will know in June 4th which stores are closing
Thankfully I'm not the only breadwinner in my household so my situation isn't too dire but I still can't help but feel like garbage. I didn't know I would get the boot so soon. What a horrible year this has been.