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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.
A representative for JCPenney said a ‘handful’ of stores are expected to close by the middle of the year ... said in a statement at the time. JCPenney isn’t the only major retailer that’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 ...
On June 4, 2020, JCPenney announced that it would close by around October 2020 as part of a plan to close 154 stores nationwide. [18] After JCPenney closed, Dunham's Sports will be the one and only anchor store left, which closed in 2021. The AMC Classic 6-screen movie theater closed on July 20, 2023. [19]
The spokesperson did not specify how many or which locations would be closing, but added the company did not plan to "significantly reduce" its store count. JCPenney announced plans to close more ...
On February 28, 2019, it was announced that JCPenney would be closing as part of a plan to close 27 stores in the U.S.; the store closed on July 5, 2019. [39] On June 5, 2019, Gaithersburg City Councilmember Ryan Spiegel tweeted that Lord & Taylor was planning to close. The store closed on September 15, 2019, as scheduled.
After filing for bankruptcy protections in 2020, JCPenney closed more than 200 stores. Last month, JCPenney announced it had partnered with Forever 21 to create a new company called Catalyst Brands.
JCPenney closed the auto centers by the 1990s. JCPenney Home Stores – stores that sold linens & home decor; JCPenney Outlet / JC's 5 Star Outlet – JCPenney Outlet Stores were stores that sold JCPenney's merchandise at a lower outlet store price. JC's 5 Star Outlet was a "lower rank" outlet store. All of the outlet stores were closed by 2013.
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