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“The decision to close a store is never an easy one, but isolated closures do happen from time to time due to expiring lease agreements, market changes or other factors,” the representative ...
Why Is JCPenney Closing More Stores? JCPenney filed for bankruptcy back in 2020. Since then, about 240 of its stores have closed. Right now, there’s about 650 locations left in the U.S.
A "handful" of JCPenney locations are soon to be closing, a company spokesperson said, adding to the retailer's long list of shuttered stores since it filed for bankruptcy in 2020.. The ...
Claire's filed for bankruptcy on March 19, 2018, and closed 92 stores in the process. [95] It emerged from bankruptcy in October. [96] Coldwater Creek closed all stores in 2014 and became an online-only retailer operated by Sycamore Partners [97] until a new store opened in Burlington, Massachusetts in early 2018. [98]
On January 16, 2020, it was announced that the Chapel Hill JCPenney would close on April 24, 2020 as part of a plan to close six stores nationwide, leaving the mall with no remaining anchors. [30] It remained open through the initial closing date, but on June 17 it was included in an updated list of 136 stores closing. [ 31 ]
JCPenney announced plans to close more than 200 locations across the country after the retailer filed for Chapter 11 bankruptcy protection in May 2020. The chain was later acquired by Simon ...
After filing for bankruptcy protections in 2020, JCPenney closed more than 200 stores. Last month, JCPenney announced it had partnered with Forever 21 to create a new company called Catalyst Brands.
JCPenney closed the auto centers by the 1990s. JCPenney Home Stores – stores that sold linens & home decor; JCPenney Outlet / JC's 5 Star Outlet – JCPenney Outlet Stores were stores that sold JCPenney's merchandise at a lower outlet store price. JC's 5 Star Outlet was a "lower rank" outlet store. All of the outlet stores were closed by 2013.