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A JCPenney spokesperson said the store closures are not related to the Catalyst Brands merger. More: Which retailers are closing stores in 2025? Joann, JCPenney, Macy's and more
The company plans to close 148 stores in 2025. But given its more than 13,000 store footprint, that leaves plenty of locations going strong — at least for now. 3.
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.
In April, Express announced it would close 95 retail stores and all locations of one of its clothing brands, ... Best Buy plans to close 10-15 stores in fiscal year 2025, company representatives ...
A JCPenney spokesperson told USA TODAY the stores are expected to close by mid-2025. Contributing: Jonathan Limehouse and Kelly Tyko, USA TODAY Greta Cross is a national trending reporter at USA ...
Liquidation sales began in December 2024, [6] and all stores were expected to close in 2025. [7] On December 28, 2024, Big Lots reached an agreement with Gordon Brothers Retail Partners to transfer 200–400 stores and one or two distribution centers to Variety Wholesalers, with the remaining stores to be permanently closed. [8]
Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse ...
Retailers have already announced 1,925 store closures so far in 2025 — and that was only as of Jan. 10. ... that retailers will close about 15,000 stores this year as some legacy brands shrink ...