How Many Stores Is Jcpenney Closing. The company one of the most high-profile retailers to file for bankruptcy protection after. According to JCPenneys official website there are approximately 850 remaining locations but the company announced a list of 154 stores closing on June 6 2020 in the wake of their Chapter 11 bankruptcy filing in May 2020.
According to documents 242 stores are slated to close. A JC Penney store that was temporarily closed due to the COVID-19 pandemic is seen on the day the company filed for bankruptcy protection and announced it would be closing some of its 800 stores. The widespread store closing sales at JCPenney is further bad news for rivals such as Macys Sears and Kohls which now must compete with rock-bottom prices at many JCPenney stores.
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.
Since then the department store. As one of the most trusted and iconic retailers in America JCPenney is dedicated to. STURBRIDGE CBS JCPenney is closing more stores in the coming months including one in Massachusetts. JC Penney joins a long list of retailers that are closing stores amid the coronavirus pandemic.
