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On the other hand, by the time Gimbels closed in 1986, the store had the highest rate of "shrinkage", or shoplifting losses, in the world. [1] Doors also opened to a pedestrian passage under 33rd Street, connecting Penn Station to the 34th Street (New York City Subway) and 33rd Street stations. This Gimbels Passageway was closed in the 1990s ...
On June 22, JCPenney identified an additional 13 stores that would be permanently closed. [75] On July 7, 2020, JCPenney announced that they would close two stores in New York City; one at the Manhattan Mall, which was closed immediately and the Kings Plaza store in Brooklyn, which closed on Sunday, September 27, 2020. [76]
JCPenney purchased the building for $55 million in 1977 (equivalent to $216 million in 2023) to serve as its new headquarters. [5] By 1978, JCPenney had moved over 5,000 employees into the building. [6] However, in 1988 JCPenney announced its intentions to move their headquarters to Dallas, leaving the building empty and up for sale.
The mall features Primark (coming soon), JCPenney and Macy's. The mall has a gross leasable area of 966,499 square feet (89,790.7 m 2) [2] and 198 stores. The mall is adjacent to the Woodhaven Boulevard station (M and R trains) on the IND Queens Boulevard Line of the New York City Subway. It is across the street from the former St. Johns ...
Walmart closed its store in the mall on March 6, 2015 after 12 years and was replaced by Dick's Sporting Goods. [15] [16] [17] On March 17, 2017, it was announced that JCPenney would be closing their store in the mall and liquidation sales were expected to begin on April 17, 2017. [18]
However, the Mckinley Mall continued on almost unfettered, as it served the Southtowns of Western New York. 1991 saw JCPenney add on to the mall. 1990 also saw the conversion of Sibley's into Pittsburgh based Kaufmann's and in 1991, the entire L. L. Berger chain closed after filing for Chapter 11 Bankruptcy and became Kaufmann's Home Store in 1994.
NEW YORK (AP) — JCPenney said Thursday it plans to spend more than $1 billion by the end of 2025 in a bid to revive the storied but troubled 121-year-old department store chain.
Bay Plaza Shopping Center is a shopping center on the south side of Co-op City in the Bronx, New YorkIn addition to various department stores and shops, such as Macy's, JCPenney, Staples, and Old Navy, it has a multiplex movie theater, several restaurants, a fitness club, and some office space.
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