Wednesday, March 27, 2019

J.C. Penney adds 9 more stores to closure count

Retail Dive
J.C. Penney on Tuesday told Retail Dive in an email that it will "close nine home and furniture stores this fall, which are not reflected in the official store count in the Company’s 10-K," in addition to the 18 stores previously slated for shutdown. The nine home stores are selling off their remaining inventory through the summer and most will shutter this fall, later than the other 18 locations, most of which are expected to close July 5, according to a company spokesperson.. . . more