J.C. Penney is closing 154 stores — here's where they're located (2024)

MoneyWatch

By Khristopher J. Brooks

June 5, 2020 / 12:11 PM EDT / MoneyWatch

A new normal for reopening retailers

Bankrupt J.C. Penney plans to permanently shutter 154 stores across the U.S., with going-out-of-business sales set to begin at those locations on June 12. The 118-year-old retailer plans to close a total of 242 locations by the fall.

J.C. Penneydeclared bankruptcyin May. It was one of many brick-and-mortar stores forced to temporarily close locations in April and May as thecoronavirus pandemicraced across the U.S. Although the shutdowns pushed the retailer closer to insolvency, the company had been struggling for years with changing consumer tastes and a shift to ecommerce.

J.C. Penney CEO Jill Soltau said the store closures will help it emerge from bankruptcy in a better financial position. "While closing stores is always an extremely difficult decision, our store optimization strategy is vital to ensuring we emerge from both Chapter 11 and the COVID-19 pandemic as a stronger retailer with greater financial flexibility to allow us to continue serving our loyal customers for decades to come," she said in a statement.

J.C. Penney, which will continue operating most of its 850 stores, said the locations chosen for closure were picked after "a comprehensive review of our retail footprint." In its most recent quarter J.C. Penney's sales fell nearly 8%, to $3.4 billion, from the year-ago period, while net income fell to $27 million from $75 million a year earlier. The company is also weighed down by $4 billion in debt and had previously closed numerous stores in recent years to help cut costs.

Below is a list of the J.C. Penney stores that are closing:

Alabama

Covington Mall in Andalusia
Regency Square in Florence
Jackson Square in Scottsboro
Spanish Fort Town Center in Spanish Fort

Arizona

Little Creek Center in Cottonwood
Christown Spectrum in Phoenix
El Con Shopping Center in Tucson

Arkansas

Independence Center in Batesville
Conway Towne Center in Conway
Mellor Park Mall in El Dorado
The Fashion Center in Harrison

California

Rancho Del Chino Shopping Center in Chino
JCPenney in Delano
San Luis Plaza in Los Banos
Woodland Plaza in Paso Robles
Inland Center in San Bernardino
West Valley Mall in Tracy
Countryside Plaza in Turlock
Yreka Junction Mall in Yreka

Colorado

Durango Mall in Durango
JCPenney in Fort Collins
Greeley Mall in Greeley
River Landing Shopping Center in Montrose

Connecticut

Torrington Commons in Torrington

Florida

Desoto Square Mall in Bradenton
Coralwood Shopping Center in Cape Coral
Gulf Coast Town Center in Fort Myers
Regency Square Mall in Jacksonville
Eagle Ridge Mall in Lake Wales
Santa Rosa Shopping Center in Mary Esther
Orlando Fashion Square in Orlando
Lakeshore Mall in Sebring
Westshore Plaza in Tampa

Georgia

Georgia Square in Athens
Northlake Mall in Atlanta
Arbor Place Mall in Douglasville
Lakeshore Mall in Gainesville
Mount Berry Mall in Rome
Statesboro Mall in Statesboro
Hatcher Point Mall in Waycross

Idaho

Lewiston Shopping Center in Lewiston
Bonner Mall in Ponderay

Illinois

Northfield Square in Bourbonnais
River Oaks Shopping Center in Calumet City
University Mall in Carbondale
Freeport Mall in Freeport
Times Square Mall in Mount Vernon

Indiana

Bedford Town Fair in Bedford
Concord Mall in Elkhart
NW Pavilion @ Michigan Road in Indianapolis
Kokomo Mall in Kokomo
River Point Mall in Madison
Muncie Mall in Muncie
Pilgrim Place Mall in Plymouth
Richmond Square in Richmond
Vincennes Plaza in Vincennes

Iowa

JCPenney in Carroll
Marshalltown Mall in Marshalltown

Kansas

Flint Hills Village in Emporia
Liberal Plaza in Liberal
Central Mall in Salina

Kentucky

Green River Plaza in Campbellsville
Danville Manor Shopping Center in Danville
Bradford Square in Hopkinsville
Market Square in Maysville
Middlesboro Mall in Middlesboro
Town Square Mall in Owensboro

Louisiana

Acadiana Mall in Lafayette
Lakeside Shopping Center in Metairie
Regal Court Shopping Center in Shreveport

Maryland

Boulevard at Box Hill in Abingdon
Woodmore Towne Center in Lanham
Country Club Mall in La Vale

Michigan

Alpena Mall in Alpena
Cadillac Shopping Center in Cadillac
JCPenney in Petoskey

Minnesota

Riverdale Village in Coon Rapids
Eden Prairie Center in Eden Prairie
Grove Square Shopping Center in Maple Grove
Kandi Mall in Willmar

Mississippi

Sawmill Square Mall in Laurel
Starkville Crossing in Starkville

Missouri

Bolger Square in Independence
Kirksville Shopping Center in Kirksville

Montana

Gallatin Valley Mall in Bozeman

Nebraska

Conestoga Mall in Grand Island

New Hampshire

West Street Shopping Center in Keene
Mountain Valley Mall in North Conway
Lilac Mall in Rochester
Upper Valley Plaza in West Lebanon

New Mexico

White Sands Mall in Alamogordo

New York

Finger Lakes Mall in Auburn
Batavia City Centre in Batavia
Roseland Shopping Center in Canandaigua
Sangertown Square Mall in New Hartford
Oswego Plaza in Oswego
Freedom Mall in Rome
Destiny USA in Syracuse

North Carolina

Henderson Square in Henderson
Biggs Park Shopping Center in Lumberton
Twin Rivers Mall in New Bern
North Hills Shopping Center in Raleigh
Richmond Plaza in Rockingham

Ohio

Chapel Hill Mall in Akron
Tri County Plaza in Akron
Carnation Mall in Alliance
Ashtabula Mall in Ashtabula
Governors Plaza in Cincinnati
Northtowne Mall in Defiance
Summit Square Shopping Center in East Liverpool
The Shoppes At Parma in Parma
Miami Valley Mall in Piqua

Oklahoma

Oakwood Mall in Enid
Tandy Town Shopping Center in McAlester
Town Center Plaza in Midwest City
Arrowhead Mall in Muskogee
Shawnee Mall in Shawnee
Tulsa Promenade in Tulsa

Oregon

Cascade Village in Bend
McMinnville Plaza in McMinnville
Garden Valley Mall in Roseburg
Salem Center in Salem

Pennsylvania

Clearview Mall in Butler
North Hanover Mall in Hanover
Beaver Valley Mall in Monaca
Monroeville Mall in Monroeville
Galleria at Pittsburgh Mills in Tarentum

South Carolina

Anderson Mall in Anderson
Cross Creek Mall in Beaufort
Magnolia Mall in Florence
Myrtle Beach Mall in Myrtle Beach
Prince of Orange Mall in Orangeburg
Rock Hill Galleria in Rock Hill

South Dakota

University Mall in Brookings

Tennessee

Bradley Square in Cleveland
Columbia Mall in Columbia
Dyersburg Mall in Dyersburg
Kingsport Town Center in Kingsport
Foothills Mall in Maryville
Three Star Mall in McMinnville

Texas

Timber Creek Crossing in Dallas
Crossroads Mall in Greenville
West Hills Mall in Huntsville
Music City Mall in Lewisville
Lufkin Shopping Center in Lufkin
Palestine Mall in Palestine
Mirabeau Square in Paris

Utah

Layton Hills Mall in Layton
Cache Valley Mall in Logan

Vermont

Bennington Square in Bennington
Berlin Mall in Berlin

Virginia

Danville Mall in Danville
Colonial Mall in Staunton

Wisconsin

Crossroads Shopping Center in Menomonee Falls

Khristopher J. Brooks

Khristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U.S. housing market, the business of sports and bankruptcy.

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J.C. Penney is closing 154 stores — here's where they're located (2024)

FAQs

Is JCPenney closing stores in 2024 in the USA? ›

All four closing JCPenney locations are staples in the malls in which they are housed. Three will close sometime before September 22, 2024, with a fourth shutting its doors on an undetermined date in 2025, according to what a spokesperson for JCPenney told Retail Dive.

Find Out More ›

Will JCPenney survive? ›

Holiday and full-year sales fell, and net income plunged. But the CEO of one of the retailer's owners says its ongoing profitability could merit an expansion.

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What happened with JCPenney? ›

During bankruptcy, JCPenney closed more than 200 stores and restructured its debt. In late 2020, Simon Property Group (SPG) and Brookfield Asset Management (BAM)—two of the nation's largest property owners—purchased the company for $800 million. At the time of the bankruptcy, JCPenney held $4 billion in debt.

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How many JCPenney stores are left in the United States? ›

Today, we operate more than 650+ locations across the United States and Puerto Rico – and while fashion and shopping patterns have evolved, our focus on putting customers at the heart of what we do remains unchanged.

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Where is JCPenney headquarters moving? ›

JCPenney Corporate Headquarters Return to Campus at Legacy West in Plano. PLANO, Texas (July 20, 2023) – JCPenney announced today the reopening of its new corporate offices at the Campus at Legacy West (CALWest).

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Who owns JCPenney? ›

On September 9, 2020, Brookfield Property Partners and Simon Property Group agreed to purchase JCPenney for about $800 million, including $300 million in cash and assuming $500 million of debt, which was later approved by the court on November 10, 2020.

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Will JCPenney make a comeback? ›

Such has been the case for J.C. Penney, which has been on the brink of death for approximately a decade and recently re-emerged from bankruptcy in late 2020. Three years later, it revealed an ambitious $1 billion comeback plan, promising store remodels, upgraded technology, and improved operations by 2025.

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Where is James Cash Penney buried? ›

James Cash Penney died in New York City on February 12, 1971, at the age of ninety-five. He is buried at Woodlawn Cemetery in the Bronx.

Is JCPenney still making money? ›

J.C. Penney's sales have stayed relatively steady since 2021, but profits are declining. Net sales, in billions, and net income or loss, in millions, from the first quarter of 2021 to the third quarter of 2022.

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Who is JCPenney merging with? ›

JCPenney recently made an offer to acquire rival brand Kohl's, according to the New York Post. Simon Property Group and Brookfield Asset Management, owners of JCPenney, bid $8.6 billion ($68 a share) to buy Kohl's. If the offer is accepted, the brands will continue to operate as separate stores.

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Does the JCPenney catalog still exist? ›

After five years, JCPenney reintroduces catalog mailings. feature more of a magazine look and feel. The value of direct mail got a huge validation when retailer JCPenney recently announced that it is again betting big on print by relaunching its flagship catalog.

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Is JCPenney laying off employees? ›

We are notifying you that JCPenney has made the difficult decision to close its stores and furlough (temporary layoff) a portion of our California employees because of the store closures necessitated by the health emergency due to the spread of COVID-19 and local and statewide shelter-in-place orders, which has ...

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What state has the most JCPenney? ›

How many JCPenney stores are there in the United States? There are 660 JCPenney stores in the United States as of July 11, 2024. The state and territory with the most number of JCPenney locations in the US is Texas, with 73 stores, which is about 11% of all JCPenney stores in the US.

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Who are JCP competitors? ›

J.C. Penney's competitors and similar companies include Burlington Stores, Kohl's, Macy's and Target. J. C. Penney is a department store chain. Kohl's is a company that operates a chain of family-oriented department stores.

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Who owns JCPenney and Forever 21? ›

Today, reports confirm that Shaq is the second-largest individual to own shares in Authentic Brand Group, which owns JCPenney, Forever 21, and, ironically, Reebok. While he may sell a hefty million shoes per month, O'Neal is no stranger to using the fortune he's amassed to help others.

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Why did JCPenney exit catalog business? ›

But as shoppers have migrated online, retail analyst Patty Edwards says those catalogs are now weighing down the company. M: The cost of sending the catalogs - it just doesn't make sense when you can do it so much more efficiently on the Web.

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Did JCPenney buy Forever 21? ›

J.C. Penney's latest new national brand is Forever 21, and the forces behind this cross-pollination of retailers appear to be just getting started. An assortment of Forever 21 women's trend pieces and core fashion are flowing into 100 Penney stores and available online at jcp.com, the retailer said Monday.

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Is JCPenney growing? ›

According to a financial filing with the SEC, JCPenney reported a significant decline in net sales and total revenue during the third quarter of fiscal 2023. Net sales dropped by 10.7% to $1.5 billion, while total revenue fell by 11.1% to $1.6 billion compared to the same period in 2022.

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