J.C. Penney Will Shut Down 7 Stores.

On January 11th, the annual -13 held in Orlando.

At the investment conference, J.C. Penney Co. Inc., a US Department store retailer, said that the group will close 7 stores this year, although it has just released good holiday season data.

According to the company, 7 rooms will be closed.

They are small areas and exist in the older ones.

Of these, two are property owned by the group and the other 5 are rentals.

J.C. Penney Co. Inc. spokeswoman Trent Kruse said that the future group will close gradually, and the group will release details for its own property store. However, at present, market investors generally put pressure on department store's independent real estate business in order to maximize value.

In January 7th, J.C. Penney Co. Inc. Penny said that the company recorded a 3.9% increase in sales in the same month in November and December, compared with 4.7% of the same store sales decline in the same period of Macy, s Inc. (NYSE:M) Messi group, and the current global weak economy and the depressed consumer environment in the United States and the struggling situation of the department store itself, which is quite difficult.

However, at present, the department stores in America are very weak, the impact of e-commerce and the strong dollar make consumers inclined to travel consumption.

Macy 's Inc. Messi store has said that it will close 35 stores this spring, and now J.C. Penney Co. Inc. has 1000 stores in the United States, while Macy' s Inc. Inc. Messi stores have fewer than 800 stores, closing 35 to 730.