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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.
Here’s the list of department stores being closed and where they are: -JCPenney at The Shops at Tanforan in San Bruno, California. -JCPenney at The Shops at Northfield in Denver, Colorado.
JCPenney (colloquially Penney's and abbreviated JCP) is an American department store chain with 656 stores across 49 U.S. states and Puerto Rico. [3] [4] It is managed as part of the Catalyst Brands portfolio alongside other apparel retailers such as Brooks Brothers and Eddie Bauer.
This is a list of department stores of the United States currently operating. This list is incomplete ; you can help by adding missing items . ( October 2023 )
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 ...
In January 2015, it was announced the JCPenney store was closing in April as part of a plan to close 39 stores nationwide. As a result, the mall announced plans to demolish the former JCPenney and replace it with new retail space and a movie theater. [16] The interior of the mall closed on July 1, 2015, with Sears and Boscov's remaining open. [6]
The department store announced plans in February to close 130 to 140 locations in the coming months, or about 13 percent of stores. JCPenney is shuttering 140 locations -- See if your store is at risk
Catalyst Brands LLC is a parent company formed in 2025 by the merger of SPARC Group and JCPenney. [1] [2] SPARC Group brands include Aéropostale, Brooks Brothers, Eddie Bauer, Forever 21, Lucky Brand Jeans, and Nautica. [3] [4] [5] JCPenney CEO Marc Rosen is leading Catalyst Brands. [6] [7