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

MoneyWatch

By Khristopher J. Brooks

/ 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.

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.

Why is JCPenney going out of business? ›

In 2020, CEO Jill Soltau cited the COVID-19 pandemic as a reason for JCPenney's financial struggles that ultimately led to filing for bankruptcy. In April of that year, JCPenney said it began closing 154 stores — leaving the company with about 600 remaining stores.

Who bought JCPenney's out? ›

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.

How many JCPenney locations are left? ›

JCPenney proudly serves customers at more than 650+ stores across the United States and Puerto Rico, and at the Company's flagship store, jcp.com. JCPenney is one of the nation's largest retailers of apparel, home, jewelry, and beauty merchandise with a growing portfolio of private and national brands.

What stores are going to shut down in 2024? ›

See the full list below:
  • Family Dollar: 600 stores. Family Dollar has caused significant headaches for Dollar Tree. ...
  • CVS: 300 stores. CVS has more than 7,500 retail locations. ...
  • Foot Locker: 113 stores. ...
  • Express: 107 stores. ...
  • Rite Aid: 77 stores. ...
  • Conn's: 71 stores. ...
  • Macy's: 50 stores. ...
  • Big Lots: 35 to 40 stores.
Jul 24, 2024

Is Big Lots closing stores in 2024? ›

The company included in its quarterly report with the Securities and Exchanges Commission that they planned to close 35-40 stores and open three in 2024. According to a June 6 release from the company, a net loss of $205 million was reported for the first quarter of 2024.

What is the future of JCPenney? ›

JCPenney says it plans to funnel $1 billion back into the business by fiscal 2025 to redo its website and app, carry out store upgrades and create a new inventory management system. It follows in the footsteps of other ailing department stores that have announced major turnaround plans after years of falling sales.

What caused the downfall of JCPenney? ›

High Debt Levels: JCPenney carried a significant amount of debt, which limited its ability to invest in growth initiatives and respond to changing market conditions. Lack of Innovation: The company failed to innovate and differentiate itself from competitors, leading to a decline in relevance among consumers.

Will JCPenney make a comeback? ›

J.C. Penney unveils fierce comeback plan

Three years later, it revealed an ambitious $1 billion comeback plan, promising store remodels, upgraded technology, and improved operations by 2025. And in April, J.C. Penney shared one such part of the plan, which focuses on the customer-facing portion of the business.

Does Shaq own JC JCPenney? ›

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.

Who is JCPenney's biggest competitor? ›

jcpenney.com's top 5 competitors in June 2024 are: macys.com, landsend.com, nordstromrack.com, nordstrom.com, and more. According to Similarweb data of monthly visits, jcpenney.com's top competitor in June 2024 is macys.com with 75.2M visits.

Is JCPenney struggling financially? ›

The “C” in J.C. Penney stands for “Cash,” the middle name of founder James Cash Penney, but the department store is struggling to generate much in its post-bankruptcy years. As of Oct. 29, the company's cash and cash equivalents had dwindled from $354 million the previous year to $121 million.

Where is the oldest JCPenney store? ›

The Kemmerer JCPenney has remained in continuous operation since its April 14, 1902 opening. It's referred to as the “Mother Store” or “Store Number 1” in company documents and signage. The location is part store, part museum. It's as much of a tourist destination as a retail destination.

Which state doesn't have JCPenney? ›

The Honolulu store was located at Ala Moana Center, and closed in 2003, along with all remaining locations in the state, making Hawaii the only U.S. state to not currently have a JCPenney store.

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.

Why are so many businesses closing in 2024? ›

More companies announce bankruptcies and closures, citing inflation as almost 3,200 stores face shuttering in 2024: poll. More companies are declaring bankruptcy and shutting down operations, citing inflation and high costs.

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).

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.

Why did JCPenney exit catalog business? ›

Why did JCPenney announce that it is exiting the catalog business? It was no longer was profitable after online shopping became the norm.

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