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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.
JCPenney announced plans to close more than 200 locations across the country after the retailer filed for Chapter 11 bankruptcy protection in May 2020. The chain was later acquired by Simon ...
-JCPenney at Mall at Fox Run in Newington, New Hampshire. -JCPenney at Charleston Town Center in Charleston, West Virginia. JCPenney stores are closing in eight different states (Getty Images)
JCPenney was an original anchor store, along with Watson's (later Peebles), and Leggett (now Belk). [3] A food court, called "Cafe Commons", and a Walmart store were added to the eastern end of the mall in 1991. In 2003, Walmart's relocation to the new Harrisonburg Crossing shopping center left the Valley Mall with a large amount of vacant space.
JCPenney was founded in 1902 as a group of dry goods stores that James Cash Penney managed as part of the Golden Rule chain, and incorporated under his own name in 1913. The stores initially located in downtown areas but shifted to shopping malls during the 1960s.
The Apple Blossom Mall is a 473,672 square feet (44,006 m 2) shopping mall that was built in 1982 on the south side of Winchester, Virginia. It has 83 stores, including anchor stores of Belk (formerly Leggett), AMC Classic, and JCPenney. [2] The mall's single vacant anchor space was once occupied by Sears. The shopping mall was acquired by ...
At the mall's opening, anchor stores included JCPenney, Sears, Miller & Rhoads and Thalhimer's. Besides the addition of a food court in 1987, the mall remained largely unchanged. [3] After Miller & Rhoads closed in 1990, Hecht's bought the location, along with three other former Miller & Rhoads stores in Virginia, and converted it to a Hecht's. [4]
Chesterfield Towne Center is an enclosed shopping mall located in the Richmond, Virginia metropolitan area in unincorporated Chesterfield County, Virginia. It opened in 1975 and features five anchor stores: At Home, JCPenney, Macy's, and a combination TJ Maxx/HomeGoods, with one vacant anchor last occupied by Sears.