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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.
Signal Hill Mall is a defunct regional enclosed shopping mall located in Statesville, North Carolina, United States. Opened in 1973, it originally featured more than 40 stores, with Woolworth, Belk, and Spainhour's as its original anchor stores. An expansion in 1979 relocated Spainhour's while also adding JCPenney.
That year, the company adopted the JCPenney style in advertising. [16] and its revenues reached $5 billion (equivalent to $38.8 billion in 2025) for the first time and catalog business made a profit for the first time. [17] JCPenney reached its peak number of stores in 1973, with 2,053 stores, 300 of which were full-line establishments. [17]
JCPenney was an original anchor tenant of this mall, although the store is no longer in its original location. In 1997, a new 104,000 sq ft (9,660 m 2) JCPenney store was built on the northwest side of the mall and the old location was demolished. On March 17, 2017, it was announced that JCPenney would close, leaving the mall with only 2 ...
Statesville is a city in Iredell County, North Carolina, United States, and its county seat. The population was 28,419 at the time of the 2020 census . Statesville was established in 1789 by an act of the North Carolina Legislature . [ 4 ]
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Sherwin-Williams confirmed to the Charlotte Business Journal this week that site work has begun for a 798,000-square-foot facility
Get the Statesville, NC local weather forecast by the hour and the next 10 days.