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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 ...
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 ...
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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.
On March 17, JCPenney released a list of 138 locations that would close by the end of June. [55] By closing stores and distribution facilities, JCPenney would redirect resources to help expand its store-in-store Sephora boutiques, and add Nike and Adidas boutiques, similar to what Macy's has done with Finish Line, Lids and LensCrafters. [56]
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 ...
More store closings have been announced for JCPenney, including a Mississippi and Texas store. The department store chain has closed 174 stores. JCPenney closing more stores after bankruptcy.