JC's 5 Star Outlet announced Tuesday they plan to close 15 outlet stores in 14 states. The outlet stores were previously JCPenny Outlets that were acquired and renamed in 2011.
The JC's 5 Star Outlet locations will have "going out of business" or "total inventory blowout" sales, according to a company press release, with stores closing in November.
Grapevine Mills Mall has one location that is scheduled to close Nov. 30, according to a layoff warning notice filed with the Texas Workforce Commission. That notice listed 96 employees that would lose their jobs in the Grapevine location.
In a press release, Glen Gammons, the former head of the JCPenney Outlet Store Division, and CEO of JC's 5 Star Outlet, said closing the Outlet stores was a painful decision.
"The closing of the Outlets was necessitated by the precipitous decline of sales," Gammons said. "After exploring all the alternatives, we could no longer incur the losses resulting from the continued operation of the Outlet stores."
Gammons continued, "We wish to thank all of our associates for their hard work and dedication to the company throughout the years."
