Popular department store closes stores across 8 states this year – everything we know

Generating the main takeaways

JCPENNEY Recently, plans confirmed to shut down stores in eight states as a five-year anniversary of the company’s chapter 11 competition archiving methods.

The popular department store chain closes eight store locations in mid -2025, a spokesman for JCPENNEY told AxiosAlthough the company “had no plans to reduce our store count” at the time of the publication report on Tuesday, February 11.

Sign up for Parade’s daily newsletter to get the latest pop cultural news and celebrity interviews delivered right to your inbox

SB360 Capital Partners, a company that says it “administers the complexity of retail fluid and closure of under -priesting stores,” published on its website A list of the JCPENNEY locations that close. A store is expected to shut down in each of the following shopping malls:

  • The stores in Tanforan in San Bruno, California.

  • The stores at Northfield in Denver, Colo.

  • Pine Ridge Mall in Pocatello, Idaho

  • West Ridge Mall in Topka, can.

  • Annapolis Mall in Annapolis, Md.

  • Asheville Mall in Asheville, NC

  • MALL AT FOX RUN IN NEWINGTON, NH

  • Charleston Town Center in Charleston, W.Va.

Discounts will be available in stores before closing, according to SB360. While jcpenney advertised A fusion of catalysic tags last month, told a company’s spokesman Axios That the eight expected store closures were “not related” to the move.

JCPENNEY’s latest store closure plans were revealed almost five years after the company filed chapter 11 -Contest in May 2020. JCPENNEY had 846 stores at that time, according to CnnA number that has since fallen to more than 650 locations in the US and Puerto Rico.

Store closures have been common in the retail area in the last several years, with 7,325 stores, CNBC. The Retail Counseling Group has expected that larger retailers will close about 15,000 stores in 2025.

Next: Larger Retailing Company Announces Closing 500 Locations – Here Her Happen