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Exterior of the JCPenney store at the Stonebriar Centre in Frisco, Texas (2013) JCPenney headquarters in Plano, Texas (2014) In 2010, Vornado Realty Trust acquired a 9.9% stake in JCPenney but sold it in 2013 for $13.00 per share. [37] On January 24, 2011, JCPenney shut down its catalog business and 19 outlet stores. [38]
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
Ridgmar Mall is an enclosed shopping mall in Fort Worth, Texas.It opened in 1976 at 1888 Green Oaks Road and Interstate 30.It is owned by GK Real Estate, Inc. It includes four anchor stores – Dillard's Clearance Center, JCPenney, Rave Cinemas and Free Up Storage – with two vacant anchors last occupied by Sears and Neiman Marcus.
Parkdale Mall is a regional shopping mall located in Beaumont, Texas, serving the Golden Triangle area. The mall is managed by CBL & Associates Properties, Inc. and is anchored by Dillard's, JCPenney, XXI Forever, Five Below, HomeGoods, and Dick's Sporting Goods. There are three empty anchors that once housed Macy's, Stage, and Sears.
JCPenney was the third anchor, and the mall received an expansion with the addition of a Foley's store in 1994, which became a Macy's in 2006. The developers spent $200 per 1 square foot (0.093 m 2 ) in the development; Joelle Verbecke, a director of acquisitions at the Yari Group, said in 2002 that the $200 per square foot figure was "a hefty ...
Broadway Square (also referred to as Broadway Square Mall) is a shopping mall located in Tyler, Texas. The mall primarily serves the city of Tyler and the surrounding East Texas area. It is one of two major malls in Tyler. Anchor stores are Dick's Sporting Goods, Dillard's and JCPenney.
Almeda Mall was constructed in 1968, but the Foley's (now Macy's) had arrived two years earlier in the spring of 1966 and JCPenney was the other original anchor. Almeda was the premiere mall for the area southeast of Houston until 1978 when Baybrook Mall opened a few exits south, much closer to the affluent Clear Lake/NASA area.
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