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JCPenney to close Haslet location and lay off 300 Texas employees, WARN notice says

JCPenney to close Haslet location and lay off 300 Texas employees, WARN notice says

Yahoo3 hours ago

Five years after filing Chapter 11 bankruptcy and amid over 200 store closures, JCPenney will soon shutter a logistics center and lay off nearly 300 Texas employees.
The retail giant released the news in a Worker Adjustment and Retraining Notification (WARN) letter submitted to the Texas Workforce Commission on June 3. The layoffs will affect 296 employees in the North Texas town of Haslet.
People are also reading: Houston-based Chevron to lay off 200 Texas employees mid-July, WARN notice says
The layoffs will occur in two increments, as stated in the WARN letter. Some employees will lose their jobs over the first half of August, while the rest will be laid off in the first half of November. The Haslet warehouse will close around Nov. 1.
"JCPenney is always seeking ways to adapt and enhance our operations with the goal of providing a better experience for our customers," JCPenney said in a statement to the Dallas Morning News. "After a thorough review of our organization, we've made the difficult decision to close our JCPenney Alliance Regional Logistics Center."
At the beginning of the year, JCPenney revealed it had partnered with Forever 21 to create a new entity called Catalyst Brands. Brooks Brothers, Aéropostale, Lucky Brand, Nautica and Eddie Bauer were also included in the merger. In January, Catalyst Brands announced the opening of 1,800 store locations and the hiring of 60,000 employees. However, a JCPenney spokesperson had told USA TODAY that the store closures were not related to the merger.
In April, a Catalyst Brands spokesperson told USA TODAY that the company was "optimizing" its structure and cutting around 9% of its corporate roles.
The closures may be due to "expiring lease agreements, market changes or other factors," a JCPenney spokesperson added. Two months before Catalyst Brands made corporate cuts, JCPenney laid off around 5% of its own corporate staff.
— CHRON and USA TODAY contributed to this report.
This article originally appeared on Austin American-Statesman: JCPenney closure to lay off 300 North Texas employees: WARN notice

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