Is JCPenney Closing Stores? See What’s Going on With the Retailer – Hollywood Life
Jcpenney, one of the most popular american retailers, has been shuttering some of its stores since 2024. Closing down for good as a result. So, is the fan-favorite chain going out of business?
According to multiple outletsThe department store announced in June 2024 that they were shutting down seveal of its 600 stores.
“Regrettly, we are unable to continue our current lease terms for these store locations and have been unable to find suitable locations in the market,” Jcpenney said at the time. “We are grateful to our dedicated associates and the Loyal customers who have shown shopped at these locations throughout the years.”
Below, Learn Everything We Know About Jcpenney’s 2025 Store Closures.
Is jcpenney closing?
No, Despite Recent Store Closures, Jcpenney is not going out of business. In Its 2024 Statement, The Retailer Noted that they would be “Continue to work to work to make every dollar count for america’s dives, work formalies and welcome them to shop at our other Jacpenney stores and ater at A. Jcpenney.com. “
In February 2025, Store Closures in New Hampshire, Colorado, Idaho and More States Were Confirmed. In a statement obtained by The US SunThe company is activelyed the Differenties in Shutting Down a Store.
“The decision to close a store is next easy one, but islated closures do happen from time to time due to experience to expiring lease agrements, market changes or other factores,” Jacpenney ‘and Jacpenney’S Statement read. “While we do not have plans to significantly Reduce Our Store Count, We Expect a Handful of JCpenney Stores to Close by Mid-Yaar.”
How many stores is Jcpenney closing?
There are more than 600 Total Jcpenney Stores through the US, Multiple Outlets Reported. It’s still unchalar how many of them are closing down in total, as jcpenney indicated in February 2025 that it expected to shutter “a handful” of them by the middle of the year.
On May 25, 2025, The Retailer will close Seven of its stores across the us: the shops at tanforan in San Bruno, California; The shops at Northfield in Denver, Colorado; Pine Ride Mall in Pocatello, Idaho; West Ride Mall in Topeka, Kansas; Fox Run Mall in Newington, New Hampshire; Asheville Mall in asheville, North Carolina; And Charleston Town Center in Charleston, West Virginia.
Why is jcpenney shutting down stores?
Jcpenney filed for chapter 11 bankruptcy in 2020 and shut down about 200 of its store locations, per AxiosThe outlet was reported that the retailer claimed its closures were “unrelated to the recent catalyst brands merger,” Referring to the 2025 Merge With Sparc Group to Creaty Catalyst Brands.
