Heard store closings will be announced tomorrow, anyone have any info?
Topics regarding layoffs at JCPenney
Its strange alot of companies received government grant money and assistance but anything for retail, a friend of mine received a bonus plus a 3 dollar raise for being an essential worker, but we still out in the elements dealing with DISRESPECTFUL... — read more
JCP is/was going to sublease part of the Fossil Headquarters Richardson headquarters office?
For jcp associates who qualify for the pension, has anyone hear whats going to happen with that?
This company is so poor at communicating, no wonder people are looking online for answers about their job status. I was a seasonal employee in the warehouse in Stead, NV, went in to work this morning (it’s a 5AM start time so I have to be up by 4AM... — read more
Our fearless CEO will be leaving us on December 31.
There is a total of approximately 400 stores listed on the JCPenney asset docket. The upcoming 15 store closures all came from this list. This probably means no store is exempt/safe and has no guarantee of staying open. Alabama Enterprise... — read more
C. Penney Co. will exit Chapter 11 in early- to mid-2021, after filing for bankruptcy protection in May, due to effects of the COVID-19 pandemic. The Plano-based retail giant announced Monday in a release it has completed its sale to Simon... — read more
A closure announced in March would close in June or July
Although I was hoping for the best, I didn’t expect anything different. The list of JCPenney stores that will close in the coming months has been recently updated: https://companyblog.jcpnewsroom.com/storeclosings/#closingstores (+Massachusetts... — read more
I am interested in knowing if the locations at woodfield mall owned by Simon is staying open. It is not on the document but no Chicago area malls were really on that lost and I do not think they would leave a big market.
Correct me if I’m wrong; however I don’t see JCP at the Freehold Raceway Mall listed on the asset document (it’s a macerich mall) . If true this would leave the Freehold Mall with the only acher being a Macy’s. As Nordstrom, Lord & Taylor & Sears all... — read more
So this is a question for those who choose to remain from a former employee. I am actually curious on why you chose to stay with a company that doesn’t value you? Is it because of the pandemic and you fear not being able to find another job? Is it... — read more
I want to know if I'm in danger
Received word today that we are not on the asset docket, which essentially guarantees we will be closing. We're a Macerich mall with two existing empty anchors.
Now that Sephora is getting a new contract with Kohl's it sounds like bad news for JCPenney. Sephora was a big part of the stores and that used to draw customers into our stores especially when there's no Sephora close by. Hopefully this doesn't... — read more
An article posted that the Plano office looked like JCP was moved out. Is there any thought of where HQ will relocate if and when remote work shifts to a flex onsite set of options?
Make a prediction and tell us what you think about JC Penney Layoffs 2021? Any news or rumors?
Disclaimer - I left JCP a few years ago, but I've been there long enough to make some lasting friendships and to actually feel a pang of loss when I heard it might be gone for good at some point. But there is little to no info on what's going on... — read more
The only reason we were bought is so the new owners' malls wouldn't lose their anchors. They are not interested in running a retail operation. They just want to keep us functioning with least possible costs (as somebody already mentioned.) Expect... — read more
If your store is in one of their malls, I'm guessing you're safe. If it's not...I'd start looking just in case. JCPenney has inked an asset purchase agreement (APA) with Brookfield Asset Management, Simon Property Group and a majority of its... — read more
so what is happening with jcpenny? is it going down or just dragging its slow death?
I've heard rumblings about corporate moving. Anyone know more details?
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
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