Marquette Penney’s Store To Close

Filed under: U.P. News Updates |
News Update

News Update

Marquette, MI – (Great Lakes Radio News) – The J.C. Penney company has announced the closure of 33 underperforming stores and the lay off 2,000 employees around the country.

The store currently located in Marquette is one of the announced closures, and is the only store closing scheduled in the state of Michigan.

The closings and layoffs come as the company is attempting a complete financial turnaround effort.

Reports say the closings will save about $65 million a year beginning this year.

The stores are expected to be closed by May.

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