HUNTSVILLE, Ala. - JCPenney has announced it will close the store at Madison Square Mall on January 28, 2017.
Approximately 120 associates will be impacted by the closure, a company spokesperson said.
"The company has been in negotiations with the City of Huntsville for many months regarding the future of our location at Madison Square Mall," the company said in a statement. "Given the city’s plans for the shopping center, we have made the difficult decision to close our store. It’s never easy taking actions that directly impact our valued associates and customers, but we feel this is a necessary business decision."
JCPenney said it will offer career training to employees, including resume writing and application assistance. Eligible associates will receive separation benefits.
JCPenney currently operates 20 stores in the state of Alabama, including the Huntsville location.
Sears also plans to close its store in January 2017, but will relocate in the new Mid-City development.