Saturday, March 18, 2017

  WXPort  

 

 

Penny’s to close one Mid-Hudson store

WEST NYACK – The J.C. Penney department store at the Palisades Center mall in West Nyack is one of 138 stores the company is closing later this year.

The company said it was shuttering the stores “as part of a continuing effort to advance sustainable growth and long-term profitability.”

According to a state notice, the company will lay off all 89 employees who work at the Rockland County location on June 18. Some 5,000 employees nationwide will lose their jobs, according to a statement from Penney’s. Most affected stores will begin the liquidation process on April 17.

The Penney’s announcement follows word from Sears that it would close stores including its Galleria at Crystal Run location in the Town of Wallkill.

Both the Sears and J.C. Penney’s store are anchor retailers at their respective locations. Both shopping centers are owned by Syracuse-base Pyramid Companies.

 


Copyright © 2017 Mid-Hudson News Network, a division of Statewide News Network, Inc.
This story may not be reproduced in any form, by any media, without express written consent.
This includes rewriting, broadcasting and/or printing of material from MidHudsonNews.com,
by websites, radio and television stations, newspapers or other media

 

 


HEAR today's news on MidHudsonRadio.com, the Hudson Valley's only Internet radio news report.