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A JCPenney spokesperson told USA TODAY the stores are expected to close by mid-2025. Contributing: Jonathan Limehouse and Kelly Tyko, USA TODAY. Greta Cross is a national trending reporter at USA ...
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.
This article originally appeared on USA TODAY: JCPenney is closing 8 locations by mid-2025. See the list. Show comments. Advertisement. Advertisement. In Other News. Entertainment. Entertainment.
JCPenney isn’t the only major retailer that’s announced a handful of store closures. Last year. Big Lots announced it was closing more than 300 stores across the U.S.
That year, the company adopted the JCPenney style in advertising. [16] and its revenues reached $5 billion (equivalent to $37.6 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 is closing a "handful" of locations by mid-2025, a company spokesperson told USA TODAY on Wednesday. The spokesperson did not specify how many locations would be closing but clarified ...
JCPenney said Thursday it plans to spend more than $1 billion by the end of 2025 in a bid to revive the storied but troubled 121-year-old department store chain. The money is going toward ...
JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks Brothers, to form a new company that will hold significant sway over ...