Which JCPenney stores are closing in 2020?
Here is the list of May 16 closures.
- Alabama. Enterprise Shopping Center. 626 Boll Weevil Cir.
- Arizona. Kingman Square Shopping Center. 3127 Stockton Hill Rd.
- Idaho. Silverlake Mall.
- Illinois. Cross County Mall.
- Kansas. Garden City Plaza.
- Kentucky. Black Gold Mall.
- Massachusetts. Sturbridge Plaza.
- Michigan. Canton On Ford Rd.
Are JCPenney stores closing in 2022?
The company would close about 192 stores by February next year, and about 50 stores in 2022. Following a comprehensive review of our retail footprint, we announced several phases of store closures in 2020 and 2021, resulting in the liquidation of 175 JCPenney locations.
Which JCPenney stores are closing in Virginia?
J.C. Penney plans to close two stores in Virginia, including one in Henrico County. J.C. Penney operates fives stores in the Richmond region, including this one at Regency mall in Henrico County. J.C. Penney plans to close two stores in Virginia, including its location in Regency mall in Henrico County.
How many JCPenney stores are left in the United States?
Penney OpCo, LLC (formerly known as J. C. Penney Company, Inc), doing business as JCPenney and abbreviated JCP, is an American department store chain with 670 locations in 49 U.S. states (all except Hawaii) and Puerto Rico.
What locations are Macys closing?
The closures include the following on-mall Macy’s locations: Puente Hills in California; Streets at SouthGlenn and Twenty Ninth Street, both in Colorado; San Jacinto in Texas, including the Furniture Clearance Center; Lee’s Summit in Missouri; and Brookwood Village in Alabama.
How many JCPenney stores are closed?
Here are the 155 closures JCPenney has announced so far, arranged alphabetically by state: Alabama: Covington Mall, 922 River Falls St, Andalusia, AL 36420 Jackson Square, 1601 S Broad, Scottsboro, AL 35768 Regency Square, 301 Cox Creek Pkwy (Rt 133), Florence, AL 35630 Spanish Fort Town Center, 22500 Town Center Ave, Spanish Fort, AL 36527
Is JCPenney going out of business in 2021?
Following a comprehensive review of our retail footprint, we announced several phases of store closures in 2020 and 2021, resulting in the liquidation of 175 JCPenney locations. While store closure decisions are never easy, it was a necessary step to ensure the Company’s long-term success.
Why did JC Penney’s sales fall?
In its most recent quarter J.C. Penney’s sales fell nearly 8%, to $3.4 billion, from the year-ago period, while net income fell to $27 million from $75 million a year earlier. The company is also weighed down by $4 billion in debt and had previously closed numerous stores in recent years to help cut costs.
Can you return items to JCPenney before June 12?
Items purchased before June 12 can be returned or exchanged at most locations. Stores are operating at reduced hours: 11 a.m. to 7 p.m. Monday through Saturday and 11 a.m. to 6 p.m. on Sunday. A note on JCPenney’s website says that some previously announced closures are pending further review.