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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.
In November 2018, Lowe's announced that it intended to close 51 stores in North America as part of a plan to improve profitability. [191] Lucky's Market closed all but seven of its stores by February 12, 2020. [192] Lumber Liquidators, previously LL Flooring, announced on August 12, 2024 that it intended to close 94 stores. Weeks later, the ...
On June 4, 2020, JCPenney announced that they would be closing in October 2020 as part of a plan to close 154 stores nationwide. [21] The departure of JCPenney on October 18, 2020 left Dillard's Clearance Center as the mall's sole anchor. [22] In October of 2021, the JSO Substation at regency was moved to a new location. [23]
Family Dollar has announced 677 store closings this year. Walgreens is closing 259. ... JCPenney, Pier 1 and others that filed for bankruptcy and closed stores. Around 9,700 stores closed in 2020 ...
On January 16, 2020, it was announced that the Chapel Hill JCPenney would close on April 24, 2020 as part of a plan to close six stores nationwide, leaving the mall with no remaining anchors. [30] It remained open through the initial closing date, but on June 17 it was included in an updated list of 136 stores closing. [ 31 ]
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