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J.C. Penney has announced the locations of 154 stores that will be closing across 38 states as it restructures after filing for bankruptcy last month.
Penney OpCo LLC, doing business as JCPenney and often abbreviated JCP, is an American department store chain that operates 659 stores across 49 U.S. states and Puerto Rico. [3] [4] Departments inside JCPenney stores include Men's, Women's, Boys', Girls', Baby, Bedding, Home, Fine Jewelry, Shoes, Lingerie, JCPenney Salon, JCPenney Beauty, as well as leased departments such as Seattle's Best ...
Following the closure of three of its four anchor stores, JCPenney, Lord & Taylor, and Sears in 2019, Macy's remained as the mall's final remaining anchor store until 2023, [7] with the rest of the mall closing shortly after. [8] Following its closure, the mall is set to be demolished the following year at the soonest. [9]
JCPenney will close 15 additional stores in spring after closing 150-plus stores since filing for bankruptcy. The stores will shutter in March 2021.
On January 15, 2014, it was announced that the JCPenney store would be closing as part of a plan to close 33 locations nationwide. [28] With the closure of JCPenney, PREIT announced plans to reposition the Exton Square Mall. As part of the redevelopment, PREIT would take over the Kmart outparcel in 2016. [27]
507,837 sq ft (47,179.6 m 2) [8][n 1] No. of floors. 1 (2 in former JCPenney) [8] Parking. 2,466 spaces [8] Website. Shenango Valley Mall. Shenango Valley Mall was a shopping mall located in Hermitage, Pennsylvania opened on March 13, 1968. The mall was closed following the closure of its final anchor store, JCPenney, on May 31, 2024.
JCPenney announced in February plans to close two distribution facilities and 138 department stores this year to redirect resources in higher-performing locations and initiatives.