Extra JCPenney shops are closing down this Might, a whole listing
Might 13, 2025 03:59 AM IST
A number of extra JCPenney areas are completely closing their doorways this month, marking one other spherical of retailer shutdowns. A full listing of affected areas.
Extra JCPenney shops are closing down within the subsequent two weeks. Throughout seven states, seven areas are shutting their doorways completely. Since submitting for chapter again in 2020, JCPenney has closed down over 200 areas, and a few extra are on the way in which in direction of closure.
JC Penney shops shutdown throughout seven states
In response to JCPenney’s spokesperson, there may be not a single, however a number of causes for the closing of those shops.
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“The choice to shut a retailer isn’t a straightforward one. However remoted closures do occur infrequently resulting from expiring lease agreements, market adjustments, or different elements,’ the spokesperson was quoted as saying, as reported by The Mirror US.”
Record of shops which are closing down quickly:
- San Bruno, CA – The Outlets at Tanforan Denver
- CO – The Outlets at Northfield
- Pocatello, ID – Pine Ridge Mall
- Topeka, KS – West Ridge Mall
- Newington, NH – Fox Run Mall
- Asheville, NC – Asheville Mall
- Charleston, WV – Charleston City Heart
Nevertheless, these shops are reportedly not simply closing down due to any monetary troubles.
By Might 25, these shops will see a whole shutdown. JCPenney has been a highly regarded model for the reason that 1900s, promoting items reminiscent of attire, jewellery, and sweetness merchandise. Nevertheless, it ended up becoming a member of an inventory of standard corporations to chop down staffing, retailer areas, and extra. The corporate filed for chapter again in 2020, and since then, tons of of shops have closed down throughout the nation, with extra to observe.
Furthermore, in an try to remain afloat, JCPenney even joined forces with different mall manufacturers, together with Aéropostale, Brooks Brothers, and Eddie Bauer. The brand new group is being led by JCPenney’s former CEO Marc Rosen.
