JCPenney is scaling back operations across the United States. The retailer will close down eight stores around the nation by mid-2025, according to USA Today , Axios and KTTV-TV. Many of the JCPenney locations that are closing are situated in shopping malls, including those found at the Westfield Annapolis Mall in Annapolis, Maryland; the Pine Ridge Mall in Pocatello, Idaho; the West Ridge Mall in Topeka, Kansas; the Fox Run Mall in Newington, New Hampshire; and the Asheville Mall in Asheville, North Carolina. Additionally, some stores are positioned in town centers or shopping districts, such as the one at the Charleston Town Center in Charleston, West Virginia; the Shops at Tanforan in San Bruno, California; and the Shops at Northfield in Denver, Colorado. A spokesperson for the retailer told KTTV-TV and USA Today in a statement that “the decision to close a store is never an easy one." They added that individual store closures may happen due to "expiring lease agreements, market changes or other factors." "We are grateful to our dedicated associates and the loyal customers who have shopped at these locations,” the spokesperson continued, per the outlets. "We continue to work to make every dollar count for America's diverse, working families and welcome them to shop at our other JCPenney stores in the area and at JCPenney.com." JCPenney was established in 1902 and takes pride in being one of the largest retailers in the country for apparel, home goods, jewelry, and beauty products, as stated on its website. With locations throughout the U.S. and Puerto Rico, the retailer aims to provide style and value to hardworking American families. In early 2020, JCPenney entered Chapter 11 bankruptcy reorganization due to the challenges posed by the COVID-19 pandemic. By December 2020, the company emerged under new ownership, including Brookfield Asset Management and Simon Property Group, along with a fresh strategy to restructure its stores and alleviate debt. In January 2025, JCPenney joined forces with Sparc Group, which oversees brands such as Aeropostale, Lucky Brand, and Forever 21, to create a new entity named Catalyst Brands. However, just last month, it was revealed that Forever 21 would be closing all its U.S. locations permanently after filing for bankruptcy for the second time. The operator of Forever 21 in the U.S., OpCO, LLC, stated that the closures are a result of "increasing costs" and "competition from fast fashion retailers."
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