J.C. Penney Outlet Stores to Close Doors

After more than 50 years in business, JC's 5 Star Outlet/J.C. Penney Outlet will be closing all 15 outlet stores in 14 states. "Going Out of Business" or "Total Inventory Blowout" sales will start Wednesday in each outlet store, offering consumers $70 million worth of name brand and private label products at significant discounts from the already low outlet prices of 25 percent to 75 percent off comparative retail. The outlet stores trace their roots to J.C. Penney's 1962 purchase of a Milwaukee mail order company, the General Merchandise Company.