JCPenney to Close Store in Selma Mall
JCPenney says it will be closing its store in the Selma Mall, along with 32 other under performing stores across the country.
These actions are expected to result in an annual cost savings of approximately $65 Million, beginning in 2013.
The stores remaining inventories will be sold over the next several months, with final closings expected to be complete by early may.
