Whether the Sequim JCPenney store, 651 W. Washington St., is part of a planned consolidation is yet to be announced.

Corporate officials announced on Feb. 24 that JCPenney will close 130-140 stores and two distribution centers.

The specific stores that will close won’t be announced until later this month said, Joey Thomas, JCPenney’s corporate communications and public relations spokesman.

At the local level, Paul Quinn, general manager for the Sequim JCPenney, said he did not know more than what was announced and would not comment on whether or not Sequim’s store would remain open.

Sequim is one of the smaller JCPenney stores in Washington at about 29,000 gross square feet compared to its closest stores in Silverdale at 162,000 gross square feet and the Tacoma Mall store at 228,800 gross square feet.

Quinn did confirm the Sequim store has 40 full-time and part-time employees in its retail store and salon.

It opened in 1995 after moving from Port Angeles into the former Safeway building.

Sequim’s store has received several corporate honors including the Chairman’s Award and Founder’s Award, considered the “highest distinction for excellence,” according to JCPenney corporate representatives.

In a JCPenney corporate press release, it states the 130-140 stores closures represent about 13-14 percent of JCPenney’s portfolio and less than 5 percent of total annual sales for a cost savings of about $200 million.

The press release states closing stores either “require significant capital to achieve the company’s new brand standard or are minimally cash flow positive today relative to the company’s overall consolidated average.”

Specific sales numbers were not provided however, the press release states closing stores’ sales are below remaining stores and cost more to operate.

After the announcement is tentatively made this month, the 130-140 stores will close in the second quarter of this year.

Chairman and CEO of JCPenney Marvin R. Ellison said in the press release that the company delivered a net profit in 2016, its first since 2010.

“Our decision to close stores allows us to raise the overall brand standard of the company and allocate capital more efficiently,” he said.

JCPenney is offering a voluntary retirement program for about 6,000 eligible associates, too.

“We believe closing stores will allow us to adjust our business to effectively compete against the growing threat of online retailers,” Ellison said.

He expressed confidence in leveraging the brick and mortar stores with the company’s online site saying 75 percent of online orders touched a physical store.

For more information about the Sequim JCPenney store, call 681-2833 or visit jcpenney.com.