PLAINFIELD — J.C. Penny Co. plans to close its central Indiana distribution warehouse this fall, eliminating the jobs of about 230 workers.
The Indianapolis Business Journal reports the retailer announced Monday the pending closure of the Plainfield warehouse just west of Indianapolis.
The company informed the state it will lay off 121 employees on Sept. 8, followed by the layoff of 30 more workers a week later and the remainder by the end of September. The distribution center opened in 2002 near the Indianapolis International Airport.
J.C. Penney officials say the company intends to offer severance benefits and transition programs, including outplacement services to employees who are eligible under the company's policies.
The retailer lost $163 million in its latest quarter and suffered a 20-percent drop in revenue.