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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.
JCPenney is preparing to close multiple stores in eight different states.. The company confirmed that stores will be shutting their doors this year in a statement shared with The Independent on ...
JCPenney announced plans to close more than 200 locations across the country after the retailer filed for Chapter 11 bankruptcy protection in May 2020. The chain was later acquired by Simon ...
A "handful" of JCPenney locations are soon to be closing, a company spokesperson said, adding to the retailer's long list of shuttered stores since it filed for bankruptcy in 2020.. The ...
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.
After the destruction of the vacated JCPenney in May 2010, a movie theater was built opening on the anchor pad, with a connection into the mall. [21] Lacking the promised, unified refresh of Greenspoint Mall combined with high crime rates resulted in escalating vacancies. In May 2010, Sears announced that its store at Greenspoint Mall would ...
The two companies both shared store closure announcements this week, with JCPenney expected to close a "handful" by mid-2025 and Joann to shutter roughly 500 locations. The retailers join other ...
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.