Employees assist customers at the checkout counter of a J.C. Penney Co. in the Brooklyn borough of New York on Aug. 8, 2015. MUST CREDIT: Bloomberg photo by Michael Nagle.
Employees assist customers at the checkout counter of a J.C. Penney Co. in the Brooklyn borough of New York on Aug. 8, 2015. MUST CREDIT: Bloomberg photo by Michael Nagle.

West Lebanon — The JCPenney store in the Upper Valley Plaza is not on the list of locations to be closed at part of the department store giant’s effort to return to sustainable profitability.

Plano, Texas-based J.C. Penney Co. announced plans last month to shutter 130-140 stores. The list, released today, identified 138 stores in 41 states for closure beginning in April. No JCPenney stores in New Hampshire or Vermont were on the list. A supply chain facility in Lakeland, Fla., will close by June and a second supply chain facility Buena Park, Calif., is being relocated.

About 5,000 of the company’s 100,000 workers will be affected by the closings, down from the 6,000 originally anticipated. The company is offering some employees relocation opportunities within the company and providing outplacement services for others.

The closings are expected to result in $200 million in annual savings for the company, which last year posted its first profit — $1 million — since 2010. The company lost $513 million in 2015. In 2013, it reported a net loss of nearly $1.3 billion.