LONGMONT — J. C. Penney Co., Inc. (NYSE: JCP) on Friday released a list of 138 department stores that includes its store in Longmont, part of a previously announced downsizing.
J.C. Penney will close four stores in Colorado, including the one at 955 S. Hover Road at the St. Vrain Centre in Longmont, plus stores in Fort Morgan, Glenwood Springs and Sterling.
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Most stores will begin liquidation sales April 17 and close in June, according to the company’s statement. The retailer said Friday that the closures would displace 5,000 workers. Some will receive transfer opportunities, and some will not.
J.C. Penney will continue to operate nearly 900 stores.