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Wednesday, October 19, 2011

Overland Park's J.C. Penney Outlet Will Stay Open Under New Name

Back on January 25th of this year- CSW noted the announcement of the closing of the J.C. Penney Outlet Store located near the intersection of I-35 and 75th Street.

Well shop 'till you drop fans- a NEW announcement noted in this article from The KANSAS CITY BUSINESS JOURNAL is that the outlet store will stay open under a new name...

A venture capital group from Ohio- "SB Capital Group LLC-" is buying 15 nationwide J.C. Penney outlet stores and converting them to "JC’s 5 Star Outlet" stores.

The 5 Stars will still carry Penney's overstock and out-of-season items as well- the KCBJ story stated- and the 130 employees of the old outlet store will be offered their old jobs by the new owner (at the same rate-of-pay I wonder?).

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