J.C. Penney to Close Ga. Stores

ATLANTA (AP) - J.C. Penney officials say two of its stores in Georgia will close as part of a broader effort to focus on the retailer's potential growth opportunities.

The company said in a statement on Monday that a J.C. Penney
store in Morrow and a J.C. Penney Home Store in Duluth will be closed because they no longer meet the firm's profit expectations.

Penney also plans to close department stores in West Dundee, Ill.; Des Moines, Iowa; High Point, N.C.; and Culpeper, Va.

The Plano, Texas-based retailer also plans to wind down its catalog and outlet operations and streamline its custom decorating business and call center operations.

Penney operates more than 1,100 department stores across the U.S.

(Copyright 2011 by The Associated Press. All Rights Reserved.)


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