Posted on Tuesday, March 12th, 2019 at 7:00 am
J.C. Penney was founded in 1902. It is about to close many of its stores. This decision follows the one made earlier this year by the company, when it decided to stop selling appliances in its stores.
So far, J.C. Penney has declined to release a list of stores that it intends to close. There’s no way to know if the J.C. Penney stores near you are going to close or stick around for a while longer. Some customers may find that frustrating, because it makes it difficult to plan where and when to shop.
WTAE reported on February 28, 2019, that J.C. Penney would be closing “another 18 department stores, as well as nine home and furniture stores.” USA Today reported, the same day, that J.C. Penney would be closing “15 additional full-line stores and nine home-and-furniture department stores.”
What does this mean for frugal shoppers? It means you should shop the “Final Take Clearance Up to 80% Off” sale at J.C. Penney. The sale is good both in their brick-and-mortar stores and on the store’s website.
Very few clearance sales offer 80% off items. There may be even bigger sales coming as the stores get close to closing.
It also means that people who want to get new furniture should consider going to J.C. Penney to find it. The store nearest you might not be around for much longer. There’s a chance you may find good deals on furniture at stores that are secretly going to close soon.
Do you have a J.C. Penney credit card? You may want to consider making an effort to pay off the amount you still owe on it. It is no fun to have debt on a credit card for a store that closed. Try to pay it down before the card becomes useless.