FILE - In this Aug. 16, 2005 file photo, customers walk out of a J.C. Penny department store in Dallas. J.C. Penney said Friday, Feb. 24, 2017, that it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next several months as it aims to improve profitability in the era of online shopping.
FILE - In this Aug. 16, 2005 file photo, customers walk out of a J.C. Penny department store in Dallas. J.C. Penney said Friday, Feb. 24, 2017, that it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next several months as it aims to improve profitability in the era of online shopping. MATT SLOCUM ASSOCIATED PRESS
FILE - In this Aug. 16, 2005 file photo, customers walk out of a J.C. Penny department store in Dallas. J.C. Penney said Friday, Feb. 24, 2017, that it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next several months as it aims to improve profitability in the era of online shopping. MATT SLOCUM ASSOCIATED PRESS

JCPenney to close 138 stores

March 17, 2017 11:54 AM

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