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JC Penney Closing Natchez, MS Store; 32 Others

J.C. Penney announced it will cut 2,000 jobs and close 33 stores as it tries to get back on the path to profitability.
J.C. Penney says it will cut 2,000 jobs and close 33 stores as it tries to get back on the path to profitability.

Among the stores being closed is the one located in Natchez, MS.

The JC Penney store at Pecanland Mall will not be impacted.

J.C. Penney says the cuts should save them more than $65 million annually.

Penney has 116,000 staffers and operates more than 1,100 stores. All the job cuts are related to the store closings.
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