JC Penney is Closing Stores

Posted on Monday, March 13th, 2017 at 7:00 am
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JC Penney announced that it will be closing up to 140 stores. Now is a good time to shop the JC Penney nearest you for some great deals.JC Penney announced that it will be closing up to 140 stores. The full list of the locations of JC Penney stores that will close will be released later this month. Now is a good time to shop the JC Penney nearest you for some great deals.

The reason why JC Penney will be closing so many stores is due to some of the same reasons why other big chain stores have been closing. JC Penney reported a bigger-than-expected drop in same-store sales for the holiday quarter. It’s having difficultly competing against other, similar, stores and against online retailers.

JC Penney has stated that the stores being closed represent less than 5 percent of annual sales. In general, when a location closes, it has big sales on the merchandise that is still in the store. The hope is that customers will come buy it so they won’t have to spend money on shipping it to another location.

AOL Finance has a list of JC Penney locations that are at the greatest risk of being closed, based on sales data. The list came from Morningstar Credit Ratings, and is not an official list from JC Penney.

  • Pinnacle Hills Promenade, Rogers, Arkansas
  • El Con Center, Tucson, Arizona
  • Mt. Shasta Mall, Redding, California
  • West Covina Mall, West Covina, California
  • Westminster Mall, Westminster, California
  • Westfield Trumbull, Trumbull, Connecticut
  • Southland Mall, Cutler Bay, Florida
  • Tifton Plaza, Tifton, Georgia
  • North Riverside Park Mall, North Riverside, Illinois
  • Yorktown Center, Lombard, Illinois
  • Glenbrook Square Mall, Fort Wayne, Indiana
  • Muncie Mall, Muncie, Indiana
  • West Ridge Mall & Plaza, Topeka, Kansas
  • Country Club Mall, LaVale, Maryland
  • Westfield Wheaton, Wheaton, Maryland
  • Maine Mall, South Portland, Maine
  • Southdale Center, Edina, Minnesota
  • Crossroads Center, Saint Cloud, Minnesota
  • Mall at Barnes Crossing, Tupelo, Mississippi
  • Windsor Square, Matthews, North Carolina
  • Greenville Mall, Greenville, North Carolina
  • The Mall of New Hampshire, Manchester, New Hampshire
  • Quaker Bridge Mall, Lawrenceville, New Jersey
  • Destiny USA Phase I Syracuse, New York
  • Palisades Center, West Nyack, New York
  • Great Northern Mall, North Olmsted, Ohio
  • Northtowne Mall, Defiance, Ohio
  • Penn Square Mall, Oklahoma City, Oklahoma
  • Park City Center, Lancaster, Pennsylvania
  • Capital City Mall, Camp Hill, Pennsylvania
  • Wyoming Valley Mall, Wilkes-Barre, Pennsylvania
  • Indiana Mall, Indiana, Pennsylvania
  • Montgomery Mall, North Wales, Pennsylvania
  • Oxford Valley Mall, Middletown Township, Pennsylvania
  • Coastal Grand Mall, Myrtle Beach, South Carolina
  • Hamilton Place, Chattanooga, Tennessee
  • South Plains Mall, Lubbock, Texas
  • Potomac Mills, Woodbridge, Virginia
  • Kitsap Mall, Silverdale, Washington

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