LATHAM, N.Y. – The JCPenney located at Latham Circle Mall will close on or around January 4th according to store officials.
Media Relations and Corporate Affairs spokesperson Joey Thomas says the company will continually evaluate it store portfolios to determine whether there's a need to close or relocate underperforming locations.
"While it's never an easy decision to close a store, especially due to the impact on our valued associates and customers, we feel this is a necessary business decision," he adds.
Eligible associates who do not remain with the company will receive separation benefits, and the company plans to place nearly 80 percent of Latham's current associates in other positions at nearby JCPenney locations.
341 Northern Blvd., Albany, NY 12204
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