JCPenney stores closing update: Memorial Day weekend is your last chance to shop final sales at these 7 locations
JCPenney said it will close seven stores this weekend in California, Colorado, Idaho, Kansas, New Hampshire, North Carolina, and West Viriginia, according to USA Today, and will be running sales in those locations up until Sunday, May 25.
It's the latest set of JCPenney store closures since the long-struggling retail chain filed for Chapter 11 bankruptcy back in May 2020 during the pandemic (it announced later that year it would close 200 of its 850 stores). The chain was then purchased by property managers Simon Property Group and Brookfield Asset Management.
Fast Company has reached out to JCPenney for comment.
Which JCPenney store locations are closing?
A JCPenney spokesperson told USA Today the following seven stores will close this Sunday, May 25:
The Shops at Tanforan in San Bruno, California
The Shops At Northfield in Denver, Colorado
Pine Ridge Mall in Pocatello, Idaho
West Ridge Mall in Topeka, Kansas
Fox Run Mall in Newington, New Hampshire
Asheville Mall in Asheville, North Carolina
Charleston Town Center in Charleston, West Virginia
In February, JCPenney said it would be closing a 'handful' of stores by mid-2025, but did not disclose which ones. The news came just one month after the retailer announced it was partnering with Forever 21 to create a new company, Catalyst Brands, in a merger that would also include Brooks Brothers, Aéropostale, Lucky Brand, Nautica, and Eddie Bauer. (JCPenney said the closures were unrelated.)
The iconic department store chain, like many major retailers, has been struggling in recent years as American consumer foot traffic decreases and more shoppers go online. This, coupled with increasing prices, inflation, and the high cost of living, have led many retailers to file for bankruptcy or initiate waves of store closings. Some have even gone out of business, including: Joann fabrics, Macy's, Party City, Big Lots, Walgreens, and 7-Eleven.
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