Ponca City, OK

Now: 73 °F

Currently: Cloudy

Hi: 73 °F | Lo: 64 °F

Sunday

Hi: 82 °F 

Lo: 57 °F

Monday

Hi: 87 °F 

Lo: 60 °F

Tuesday

Hi: 80 °F 

Lo: 61 °F

Wednesday

Hi: 84 °F 

Lo: 64 °F

Thursday

Hi: 81 °F 

Lo: 64 °F

Ponca City JCPenney store among those closing

Team Radio Marketing Group - March 17, 2017 10:33 am

The JC Penney store in Ponca Plaza is among 138 stores the chain is closing in an effort to cut costs, according to a report released by the company today.

The company said a few weeks ago it planned to close about 140 stores this year. In that announcement, JC Penney cited pressures on traditional department stores from competing retail models, including Amazon, and changes in the economics of shopping centers overall.

The company  had said closures would start in the second quarter, with liquidations starting April 17.

The other Oklahoma stores on the closure list include those at the Altus Plaza in Altus; Ne-Mar Shopping Center in Claremore; and Pioneer Square Shopping Center in Stillwater.

The company said it would work to strengthen more successful stores.

 

 

 

 

Latest Stories

SH51 westbound lanes closed in Payne County

UPDATE: As of 4:20pm, the roadway was opened back up. As of 2:44pm, Trooper Brian Conaghan...

Tulsa man accused of stealing truck doesn’t recall doing so

Tulsa man accused of stealing truck doesn’t recall doing so (Information and image from: Tulsa World,...

Oklahoma court upholds convicted killer’s death penalty

Oklahoma court upholds convicted killer’s death penalty OKLAHOMA CITY (AP) – The Oklahoma Court of Criminal...