K107.1 FM website - We Play Your MusicKFIZ News AM 1450 on Facebook
Listen Live to KFIZ.1 FM
920-921-1071
KFIZ Closings and Cancellations in the Fond du Lac, WI area.  Sponsored by Airtech Heating and Cooling
Fond du Lac Foundation
LHHS
KFIZ South Valley Weather Updates
KFIZ social network facebook and Twitter feeds
Bob's 151





Captcha Image

Wisconsin Farm Report with Pam Jahnke   Packers Radio Network
Advertise with KFIZ.1 FM
Edward Jones   White Christmas

J.C. Penny Closing In FDL

16-Jan-2014

The J. C. Penney store in Fond du Lac is one of five in Wisconsin and 33 across the country that the national retailer will be closing because of what is described as underperforming. Other J.C. Penny stores closing in Wisconsin are located in Janesville, Rhinelander, Rice Lake and Wausau. The closings, announced Wednesday as part of turnaround efforts, are expected to result in the elimination of approximately 2,000 positions in 20 states. The company’s press release says the closings will allow J.C. Penney to focus its resources on the highest potential growth opportunities. The actions are expected to result in an annual cost savings of approximately $65 million, beginning in 2014. The retailer has 116,000 staffers, and all the job cuts are related to the store closings. Remaining inventory in the affected stores will be sold over the next several months, with final closings expected to be complete by early May.

Comments 0

Please remember a few rules before posting comments:

  • If you don't want people to see your email address, simply type in the URL of your favorite website or leave the field empty.
  • Try to be civil to your fellow readers.
  • Stay on topic. We want to hear your opinions and thoughts, but please only comment about the specified topic in article.

Post a Comment

- +




Captcha Image
KFIZ Phone: 920-921-1071
All content © 2012 Mountain Dog Media, USA
Web Design and Development by Wyld_Desyns LLC - "Take Your Business to the Next Level!