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J.C. Penney has announced the locations of 154 stores that will be closing across 38 states as it restructures after filing for bankruptcy last month.
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.
On May 15, 2020, JCPenney filed for Chapter 11 bankruptcy and announced that there would be an additional 242 store closings, blaming the COVID-19 pandemic for its action. By June 17, JCPenney reopened approximately 827 stores; most of the 154 scheduled for permanent closure in 2020 were among those reopened, with final closing sales in progress.
On June 4, 2020, JCPenney announced that it would be closing around October 2020 as part of the company's plan to close 154 stores nationwide. [6] After JCPenney closed, GFS and Dunham's Sports were the only anchor stores left. In late 2020, I2P purchased the mall and announced plans to redevelop it into a manufacturing center. [7]
On June 4, 2020, JCPenney announced that it would be closing by around October 2020 as part of a plan to close 154 stores nationwide. [23] By 2021, Belk was the only remaining store and plans for demolition were announced by the mall's then-owners. [24] In March 2022, demolition process began with the J. C. Penney anchor store torn down. [25]
JCPenney will close 15 additional stores in spring after closing 150-plus stores since filing for bankruptcy. The stores will shutter in March 2021.
On June 4, 2020, JCPenney announced that it would be closing as part of a plan to close 154 stores nationwide. The store closed on October 18, 2020. [ 20 ] On January 22, 2021, it was announced that C-A-L Ranch would be relocating to the former Kmart space in North Logan in Spring 2021 which will leave the mall with no anchors left.
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