Casper's JCPenney spared from immediate round of store closures - Casper, WY Oil City News
Oil City News Logo

Casper’s JCPenney spared from immediate round of store closures

JCPenney has been an anchor store in the Eastridge Mall since its earliest days. (Dan Cepeda, Oil City File)

CASPER, Wyo. – Casper’s JCPenney, one of the last remaining original anchor stores in the Eastridge Mall, will continue to operate at least for the foreseeable future.

“Our Casper location is not on our store closing list,” said JCPenney media representative Dion Martin in an email to Oil City News. “However, the list is not final as we’re announcing the closures in phases.”

“As we proceed through the restructuring process and continue to conduct comprehensive evaluations of our retail footprint and a careful analysis of store performance and future strategic fit for JCPenney, some locations have been removed from the originally-announced list of store closures,” the email continues.

Article continues below...

“We look forward to emerging from Chapter 11 a stronger retailer as we continue providing engaging experiences for our customers.”

Like many legacy retailers in the U.S., JCPenney, which traces its roots to Kemmerer, Wyoming, has struggled to adapt to strong competition from digital retailers.

The economic downturn caused by shutdowns to slow COVID-19 spread have also severely hit retail shopping trends.

JCPenney, which filed for Chapter 11 bankruptcy in May, yesterday announced its plan to close 152 stores and reduce its workforce by 1,000 employees.

 “These decisions are always extremely difficult, and I would like to thank these associates for their hard work and dedication. We are committed to supporting them during this period of transition,” said CEO Jill Soltau in the statement.

“This organizational restructuring will create a smaller, more financially flexible company, and will help ensure JCPenney emerges from both Chapter 11 and the Coronavirus (COVID-19) pandemic as an even stronger retailer,” the company said in a statement.

Casper’s JCPenney was one of the first anchor stores at Eastridge Mall when it opened in 1982. The store was located in downtown Casper for decades before that.