This news comes shortly after filing for chapter 11 bankruptcy protection in may, one day after it. Penney, which filed for bankruptcy last year, plans to close 18 u.s.
The retail industry is continuing to witness a significant transformation, with several major chains. Three jcpenney stores have closed since the beginning of 2023:
The Retail Industry Is Continuing To Witness A Significant Transformation, With Several Major Chains.
Jcpenney has confirmed that 154 stores will close this year.
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.
The list of 137 closing stores, along with the safety precautions the company is taking, can be found on the jcpenney blog.
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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.
Last month, simon property group ceo david simon said that j.c.