All Posts Tagged Tag: ‘j.c. penney’

Sam’s Club Will Lay Off 2% Of Its Workers

In its largest wave of job cuts in four years, Wal-Mart Stores Inc announced Friday that it would be cutting 2 percent (2,300 jobs) of its workforce at its Sam’s Club retail warehouse chain; Sam’s Club has an estimated 116,000 U.S. employees with 600 locations nationwide. The layoffs are a reaction to compete with big name rivals like members-only warehouse …

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Penney Store Closings of 33 Locations Will Cut 2,000 Jobs

On Wednesday, January 15th, J.C. Penney Co. announced the shutdown of 33 stores mainly located in smaller markets that have been experiencing a continual decline in customer visits. According to Chief Executive Mike Ullman, the clothing company chain has experienced a drastic fall in sales and the closing of selective locations will help to improve the performance of the company’s stores. …

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J.C. Penney Announces The Closing of 33 Stores Nationwide, Cuts 2,000 Jobs

On Wednesday, Jan. 15 the J.C. Penney Company, Inc. announced that it would be closing a total of 33 stores across the United States. In a brief press release earlier today, the ailing retail chain stated that the executive order was made as apart of the company’s ‘turnaround effort’ to focus its attention on opportunities with the highest growth potential. …

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