Pleasanton JCPenney Spared: Tri-Valley Store To Remain Open

JCPenney has named the 138 stores and two distribution centers across the United States that will close this year – which will impact thousands of the company's employees. Its store at Stoneridge Shopping Center in Pleasanton was spared the chopping block.

Four of the stores are located in California, along with a distribution center.

"Approximately 5,000 positions nationwide will be impacted by the store closures, most of which will occur in June," the company said in a news release Friday. "JCPenney is in the process of identifying relocation opportunities within the Company for esteemed leaders."

As for the many employees that will not be kept, JCPenney says they will provide outplacement support services.

California's Buena Park supply chain facility, or distribution center, will be relocated during the company's overhaul. The sales process of the facility has already begun ".... in an effort to monetize a lucrative real estate asset." However, officials did not disclose where the operation will be moved.

Here are the California stores that will be shuttered:

• Downtown Bishop, Bishop
• Sunwest Plaza, Lodi
• The Village at Orange, Orange
• Hilltop Mall, Richmond

You can see the full list of closures across the nation here. Most of the stores named on the list will begin liquidating their inventory on April 17.

The move is hoped to help JC Penney better compete in the changing marketplace, CEO Marvin R. Ellison said in a statement when the closures were first announced last month.

“We believe closing stores will also allow us to adjust our business to effectively compete against the growing threat of online retailers,” Ellison said.

See Also:

• Pieology Pizzeria Now Open In Dublin
• Guitar Center Open In Dublin
• Dublin Orchard Supply Hardware Moves To Pleasanton

Patch editor Sherri Lonon and Renee Schiavone contributed to this report / Photo by Mike Mozart via Flickr used under Creative Commons