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J.C. Penney stores in Paducah and Carbondale will not close

Staff report

J.C. Penney department stores in Paducah's Kentucky Oaks Mall and the University Mall in Carbondale, Illinois, will not close, according to a list released by the company on Friday.

In fact, no Kentucky stores are on the list. The states with the biggest number of closings are Texas (9), Minnesota (8), Illinois (7), Michigan (7), Pennsylvania (7), and North Carolina (6).

A total of 138 stores are set for closure, most in June. The company had previously estimated that it would close 130 to 140 locations.

Many of the stores set to close will begin liquidation sales as soon as April 17.

The retailer said Friday that the closures would displace 5,000 workers.

Some employees will be offered relocation opportunities.

Penney will continue to operate nearly 900 stores.

"It became apparent to us that our footprint was too large," J.C. Penney CEO Marvin Ellison told investors in February, and the closures will "allow us to raise the overall brand standard of J.C. Penney" and invest in remaining stores.

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