JCPenney opening store in Avon
But that doesn’t mean the 42-year-old Penney store at Midway Mall is a goner.
“There is no change in direction at this time for that store,” said Tim Lyons, a JCPenney spokesman and public relations manager at the corporation’s headquarters in
Rumors have swirled for months that the planned October opening of the new Penney’s in the development at state Route 83 and Chester Road in Avon would put the nails in the coffin of the 157,000-square-foot, two-story store that has been a retail anchor at Midway Mall since 1966.
“We have many cases where we have multiple stores in the same market, where stores are not too far apart,”
The Avon store is among 36 the company plans to open in 2008,
Nearly all of the new stores, known in department store parlance as “off-mall” locations, are freestanding operations. “You’re not seeing them in malls much these days because they’re just not building malls,”
JCPenney holds its own with other department store giants despite the fact the company has lower sales,
The company owns and operates 1,073 stores, with sales totaling $19.9 billion in 2007.
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