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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 will close eight locations this year, a company spokesperson said, adding to the list of more than 200 closures since the company filed for bankruptcy five years ago. JCPenney announced ...
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 ...
An additional 9 stores were added to the closing list in April as well as 4 more locations in May. [236] In September 2023, Party City exited bankruptcy with a billion reduced in debt. [ 237 ] Over a year later, reports emerged that Party City was struggling to maintain operations and actively mulling over a second bankruptcy filing, [ 238 ...
JCPenney and Joann are two of several big-name department stores expected to shutter stores this year.. The two companies both shared store closure announcements this week, with JCPenney expected ...
Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago.
Macy’s closing 150 stores. Macy’s department stores announced plans last month to close 150 underperforming stores, about 30% of its locations, over the next three years.. The Fresno locations ...
The department store announced plans in February to close 130 to 140 locations in the coming ... Check out the major retailers closing stores in 2017: A list of closing locations will be fully ...
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