J.C. Penney was one of the four anchor stores when the mall opened 30 years ago. The other three were Sears, Montgomery Ward and Kaufmann's.
Montgomery Ward was shuttered when that company fell into to bankruptcy in late 2000, and Kaufmann's gave way to Macy's.
While Penney's position is precarious, it doesn't appear to be on the verge of bankruptcy.
The Wall Street Journal reported the company has access to a $1.85 billion line of credit that it has yet to draw on. The paper also said the company has no significant corporate debt payments due until 2015.
With Wall Street focused on the turnaround of the company overall, McCracken said the local store appears to be doing well.
"While we stay abreast of the situation, our recently remodeled J.C. Penney store is a proven department store and is experiencing new attention and popularity due to the retailer's new national marketing campaign and in-store additions of Sephora, Joe Fresh and other boutique retail lines," she said.
Contact writer Jared Hunt at busin...@dailymail.com or 304-348-4836.