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Eastwood Mall is an indoor shopping center in Niles, Ohio, United States, serving the Youngstown–Warren metropolitan area. It is owned by the Cafaro Company. Its anchor stores are Boscov's, JCPenney, Macy's, and Target. The mall contains over 100 stores and restaurants across 1,600,000 sq ft (150,000 m 2) of space.
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.
It is the only major shopping center within 45 miles (72 km). It comprises more than 70 stores; the anchor stores are TJ Maxx, JCPenney, Books-A-Million, Dewey Furniture, Five Below, Tilt Studio, and Ross. JCPenney had previously operated a store in downtown Sandusky. [3] It is managed by Cafaro Company of Niles, Ohio.
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
Exterior of the JCPenney store at the Richland Mall in Ontario, Ohio (2008) In early 2001, JCPenney closed 44 under-performing stores. In 2001, JCPenney sold its direct-marketing insurance unit to Dutch insurer Aegon for $1.3 billion (equivalent to $2.24 billion in 2025) in cash to help refocus the company on retail. [30]
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The JCPenney mother store in Kemmerer, Wyoming. In 1898, Penney began working for a small chain of stores in the Western United States, called the Golden Rule stores.In 1902, owners Guy Johnson and Thomas Callahan, impressed by his work ethic and salesmanship, offered him a one-third partnership in a new store he would open.
Here's which retail stores will be open and closed on Dec. 31 this year. ... JCPenney stores will open at 11 a.m., the company told USA TODAY, and closing times vary by location on Dec. 31.
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