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17h ago

JCPenney to Close Texas Logistics Hub, Lay Off 300 Workers

Closing the Alliance Supply Chain facility in early November with phased layoffs beginning in August reflects Catalyst Brands’ effort to cut costs after a sharp fall in sales

The JC Penny location at the Willowbrook Mall is seen, Saturday, Aug. 5, 2023, in Houston. The retailer is expected to close a distribution center warehouse in Tarrant County in North Texas, cutting nearly 300 jobs. 
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Overview

  • The Alliance Supply Chain warehouse in Tarrant County will shut in early November and lay off about 296 employees in two phases starting August 1
  • Affected workers will be offered severance pay, benefits continuation, and potential transfers to other JCPenney locations
  • Catalyst Brands reduced its corporate headcount by 5% in February and 9% in April following JCPenney’s merger with SPARC Group earlier this year
  • JCPenney reported a $177 million loss in 2024 as net sales fell 8.6% to $6.3 billion, intensifying the push for operational consolidation
  • A Chicago-based law firm has flagged a possible class-action lawsuit over an alleged shortfall in the federally mandated 60-day layoff notice