Iconic American retail giant JCPenney has decided to close eight of its stores across the United States by mid-2025, as confirmed by USA Today, Axios, and KTTV-TV. The closures include locations primarily situated in shopping malls and town centers. This difficult decision is part of JCPenney’s ongoing efforts to streamline its operations and adapt to changing market conditions.
A Spokesperson for JCPenney told KTTV-TV and USA Today
In a statement to KTTV-TV and USA Today, a company spokesperson shared, “Closing a store is never an easy choice. Each closure is influenced by various factors like expiring lease agreements, shifts in the market, or other business considerations.”
Despite the closures, JCPenney expressed deep appreciation for both its hard working employees and the loyal customers who have supported these locations over the years. “We’re truly grateful for their dedication and continued support,” the spokesperson said.
As the company moves forward, it emphasized its ongoing commitment to serve America’s diverse, working families. Customers are encouraged to continue shopping at other JCPenney locations nearby or online at JCPenney.com, where the company promises to make every dollar count.
Lists of JCPenney Closing Stores
No. | Mall Name | Address | City | State |
---|---|---|---|---|
1 | The Shops at Tanforan | 1122 El Camino Real | San Bruno | California |
2 | The Shops at Northfield | 8568 E 49th Ave. | Denver | Colorado |
3 | Pine Ridge Mall | 4201 Yellowstone Ave. | Pocatello | Idaho |
4 | West Ridge Mall | 1821 SW Wanamaker Road | Topeka | Kansas |
5 | Annapolis Mall | 1695 Annapolis Mall Road | Annapolis | Maryland |
6 | Mall at Fox Run | 50 Fox Run Road | Newington | New Hampshire |
7 | Charleston Town Center | 401 Lee Street E | Charleston | West Virginia |
8 | Asheville Mall | 3 S Tunnel Road | Asheville | North Carolina |
JCPenney, once considered one of America’s leading retail giants, has long been a go-to destination for clothing, home essentials, jewelry, and beauty items. However, like many traditional retailers, the company faced severe financial pressure and ultimately filed for Chapter 11 bankruptcy in early 2020, a move largely influenced by the economic strain of the COVID-19 pandemic.
In December 2020, the brand emerged from bankruptcy under new ownership, with Brookfield Asset Management and Simon Property Group stepping in to take the reins. The new leadership rolled out a restructuring strategy focused on cutting down debt and streamlining store operations to help stabilize and revitalize the brand for the future.