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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 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 ...
JCPenney isn’t the only major retailer that’s announced a handful of store closures. Last year. Big Lots announced it was closing more than 300 stores across the U.S.
1 (2 in Sears, Macy's, and JCPenney) Westland Mall is a demolished 860,000-square-foot (80,000 m 2 ) shopping center located at the intersection of U.S. Route 40 and Interstate 270 on the west side of Columbus, Ohio .
As with the other two "directional" Jacobs malls in Columbus, Eastland's original anchors included J. C. Penney, Sears, and Lazarus. [4] Although Eastland itself was a single-story mall, all three of its original anchor stores were constructed with two stories of retail space. The Sears store closed off its upper level at some point during the ...
Lazarus-Macy’s became Macy’s in March 2005. In 2006, due to the Federated-May merger, the Kaufmann's store was renamed Macy's at Hayden Run. As of October 2006 there were two Macy's located at the mall, Macy's at Tuttle Crossing (the original Lazarus store) and Macy's at Hayden Run (the former Marshall Field's/Kaufmann's) until March 2017.
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 ...
That store closed in 2017. Ashley Furniture also opened in 2014 (closed in summer 2020). In 2015, the site of the demolished JCPenney anchor was filled when an Xscape theater was built. [15] The Sears anchor store closed in November 2018, as part of a plan to close 46 stores nationwide, [16] leaving Macy’s as the sole remaining anchor.