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More store closings have been announced for JCPenney, including a Mississippi and Texas store. The department store chain has closed 174 stores. JCPenney closing more stores after bankruptcy.
JCPenney will close 15 additional stores in spring after closing 150-plus stores since filing for bankruptcy. The stores will shutter in March 2021.
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. [ 161 ] 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 June 29, 2023, it was announced Christmas Tree Shops would be shuttering after finding itself unable to satisfy their long-term established debt due to ongoing supply chain shortages. The store closed that August, which left JCPenney as the only anchor left. [12] On February 9, 2024, it was announced that JCPenney would close in late spring.
On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores. At the time of the announcement, Modell's was the world's oldest sporting goods chain Olympia Sports – the company was founded in 1975, and on July 22, 2022, the company filed for bankruptcy and announced it would close all 35 stores by September ...
The department store announced plans in February to close 130 to 140 locations in the coming months, or about 13 percent of stores.
On February 28, 2019, it was announced that JCPenney would be closing as part of a plan to close 27 stores in the U.S.; the store closed on July 5, 2019. [39] On June 5, 2019, Gaithersburg City Councilmember Ryan Spiegel tweeted that Lord & Taylor was planning to close. The store closed on September 15, 2019, as scheduled.
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