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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]
Party City closed 45 of its 870 stores in 2019, up from its usual 10 to 15 closures each year. [230] On January 18, 2023, Party City filed for Chapter 11 bankruptcy, [231] and a month afterward, announced the closure of 22 stores. An additional 9 stores were added to the closing list in April as well as 4 more locations in May. [232]
The store closed in October 2019. [5] On June 4, 2020, JCPenney announced that this location would close as part of a plan to close 154 stores nationwide, leaving Belk and Bealls as the only anchor stores in the mall. There is also a Planet Fitness and a smoothie vendor. [6] During the COVID-19 pandemic, the former JCPenney location became a ...
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.
Kojo Quartey: Store closures and expansions locally and nationally
The store was a prototype for a major repositioning by JCPenney, which moved the chain's focus to contemporary fashion, leisure, and home furnishings. [32] JCPenney did not close with the mall, as it owned the land under the store. Initial plans for the site's redevelopment included a new store for the chain. [1]
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