JCPenney said it will close seven stores this weekend in California, Colorado, Idaho, Kansas, New Hampshire, North Carolina and West Viriginia, according to USA Today, and will be running sales in those locations up until Sunday, May 25.
It’s just the latest in a series of JCPenney store closures since the retail chain filed for Chapter 11 bankruptcy back in May 2020 during the pandemic and announced later that year it would close 200 of its 850 stores. (The chain was then purchased by property managers Simon Property Group and Brookfield Asset Management.)
Fast Company has reached out to JCPenney for comment. Here’s what to know.
Which JCPenney store locations are closing?
A JCPenney spokesperson told USA TODAY the stores the following seven stores will close this Sunday, May 25.
- The Shops at Tanforan in San Bruno, California
- The Shops At Northfield in Denver, Colorado
- Pine Ridge Mall in Pocatello, Idaho
- West Ridge Mall in Topeka, Kansas
- Fox Run Mall in Newington, New Hampshire
- Asheville Mall in Asheville, North Carolina
- Charleston Town Center in Charleston, West Virginia
in February, JCPenney said it would be closing a “handful” of stores by mid-2025 but did not disclose which ones. The news came just one month after the retailer announced it was partnering with Forever 21, to create a new company, Catalyst Brands; and that merger would also include Brooks Brothers, Aéropostale, Lucky Brand, Nautica and Eddie Bauer. (JCPenney said the closures were unrelated.)
The iconic department store chain, like many major retailers, have been struggling in recent years, as American consumer foot traffic decreases, and more shoppers go online. This, coupled with increasing prices, inflation, and the high cost of living, have let many retailers to file for bankruptcy, a wave of store closings, and even some to go out of business including: Joann fabrics, Macy’s, Party City, Big Lots, Walgreens, and 7-Eleven.
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