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The retailer recently provided a full list for stores impacted by the move, and customers can expect stores to begin liquidating their inventory in April. Here are all the JCPenney stores closing ...
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The department store announced plans in February to close 130 to 140 locations in the coming months, or about 13 percent of stores. JCPenney is shuttering 140 locations -- See if your store is at risk
JCPenney announced in February 2017 that it would close 138 stores in 2017. Liquidation sales began on May 22, and the stores closed by July 31. [ 166 ] Another 8 stores and a distribution center closed in 2018 while over 50 additional stores were expected to close between mid-2019 and late 2020.
On March 17, JCPenney released a list of 138 locations that would close by the end of June. [55] By closing stores and distribution facilities, JCPenney would redirect resources to help expand its store-in-store Sephora boutiques, and add Nike and Adidas boutiques, similar to what Macy's has done with Finish Line, Lids and LensCrafters. [56]
On January 4, 2017, Macy's announced that it would close its store as part of a plan to close 68 stores nationwide. The store closed on March 31, 2017. [13] After the announcement, JCPenney stated on March 17, 2017, that they would be closing their store on July 31, 2017 as part of a plan to close 138 stores nationwide. [14] This was later ...
JC Penney reported stronger than expected results for the fourth quarter on Friday and announced plans to shut down a large number of stores in 2017.
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