DeRidder J.C. Penney expected to close summer 2017 - KPLC 7 News, Lake Charles, Louisiana

DeRidder J.C. Penney expected to close summer 2017

(Source: Wikipedia) (Source: Wikipedia)
DERIDDER, LA (KPLC) -

The DeRidder J.C. Penney store is expected to close in summer 2017, according to a news release.

The retail company released the list of 138 stores it plans to close across the U.S Friday.

“In 2016, we achieved our $1 billion (Earnings Before Interest, Taxes, Depreciation and Amortization) target and delivered a net profit for the first time since 2010; however, we believe we must take aggressive action to better align our retail operations for sustainable growth," said Marvin R. Ellison, chairman and CEO of J.C. Penney in the Feb. 24 news release that originally announced the store closures.  

The Lake Charles location was not affected by the recent announcement.

J.C. Penney, one of the nation's largest department stores, currently operates more than 1,000 locations across the U.S. and Puerto Rico and employs about 100,000 employees.

Copyright 2017 KPLC. All rights reserved.

  • More Local NewsNewsMore>>

  • FIRST ALERT FORECAST: Storms arrive tonight, then clearing by tomorrow afternoon

    FIRST ALERT FORECAST: Storms arrive tonight, then clearing by tomorrow afternoon

    Saturday, April 21 2018 5:29 PM EDT2018-04-21 21:29:41 GMT
    Storms arrive early Sunday morningStorms arrive early Sunday morning
    Storms arrive early Sunday morningStorms arrive early Sunday morning

    Tonight, has a much better chance to see some showers and storms. Some of these storms could be strong, but the severe threat looks to be unlikely. That’s the good news for us! The bad news is that it is still raining over the weekend. The rain will last from tonight through Sunday morning. Rain chances are up to 90% tonight. By Sunday afternoon, the rain should be gone! So, it will be a wet start to the day, but it should become a sunny finish! Rain chances are still up to 70%.

    More >>

    Tonight, has a much better chance to see some showers and storms. Some of these storms could be strong, but the severe threat looks to be unlikely. That’s the good news for us! The bad news is that it is still raining over the weekend. The rain will last from tonight through Sunday morning. Rain chances are up to 90% tonight. By Sunday afternoon, the rain should be gone! So, it will be a wet start to the day, but it should become a sunny finish! Rain chances are still up to 70%.

    More >>
  • WATCH LIVE: Former first lady Barbara Bush laid to rest

    Saturday, April 21 2018 11:36 AM EDT2018-04-21 15:36:24 GMT
    (Source: KXXV)(Source: KXXV)
    (Source: KXXV)(Source: KXXV)

    The funeral service of former first lady Barbara Bush is being held at 11 a.m. today in Houston, Texas. Expected guests include former president Bill and Mrs. Bill Clinton, former president Barack and Mrs. Barack Obama and First Lady Melania Trump. Around 1,500 are expected to attend.

    More >>

    The funeral service of former first lady Barbara Bush is being held at 11 a.m. today in Houston, Texas. Expected guests include former president Bill and Mrs. Bill Clinton, former president Barack and Mrs. Barack Obama and First Lady Melania Trump. Around 1,500 are expected to attend.

    More >>
  • Authorities recover stolen motorcycle in Elton

    Authorities recover stolen motorcycle in Elton

    Saturday, April 21 2018 9:32 AM EDT2018-04-21 13:32:48 GMT
    (Source: JDPSO)(Source: JDPSO)

    A man stole a motorcycle in the 2200 block of US 190 in Elton, officials say. 

    More >>

    A man stole a motorcycle in the 2200 block of US 190 in Elton, officials say. 

    More >>
Powered by Frankly