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Updated March 23, 2017 at 3:35 PM JCPenney announced in February plans to close two distribution facilities and 138 department stores this year to redirect resources in higher-performing locations ...
JCPenney announced in February 2017 that it would close 138 stores in 2017. Liquidation sales began on May 22, and the stores closed by July 31. [ 154 ] Another 8 stores and a distribution center closed in 2018 while over 50 additional stores were expected to close between mid-2019 and late 2020.
JCPenney is one of the notable retailers taking a serious hit in 2017. The department store announced plans in February to close 130 to 140 locations in the coming months, or about 13 percent of ...
JC Penney reported stronger than expected results for the fourth quarter on Friday and announced plans to shut down a large number of stores in 2017.
On June 4, 2020, J. C. Penney released a list of 148 stores slated to close starting in late June 2020, with eleven additional store closures announced on June 22 and two additional stores on July 7, with the previously announced store closing locations remaining on hold pending further review, for a planned closing a total of 242 stores.
The Columbia Mall is an enclosed 282,272 square foot shopping mall located in Columbia, Tennessee that opened in 1981 originally as the Shadybrook Mall. [1][2] Goody's, one of the anchors, closed in early 2017. [3][1] On June 4, 2020, JCPenney, the only other anchor, announced that it would close by around October 2020 as part of a plan to ...
Steeplegate Mall is a largely shuttered [ 2 ][ 3 ] enclosed shopping mall in Concord, New Hampshire, United States. Opened in 1990, it has struggled with high vacancy rates throughout its existence. [ 4 ] It is slated to be torn down and replaced by a mixed-use development.
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.