J.C. Penney plans to close 15 additional full-line stores and nine home-and-furniture locations as the retailer struggles to get its footing.

J.C. Penney will begin going-out-of-business sales at certain stores within weeks, an attorney for the company said Thursday at a court hearing.

Department store chain J.C. Penney filed for bankruptcy protection on Friday and said it would permanently close some of its 850 locations, making it the latest major retailer felled by the ...

J.C. Penney will permanently close nearly 30% of its 846 stores as part of a restructuring plan under bankruptcy protection. The Texas-based retailer said Monday it plans to close about 192 stores ...

J. C. Penney announced anywhere from 130 to 140 stores as well as two distribution centers will be closing in the coming months.

J.C. Penney began 2020 with hopes of yet another turnaround. Instead, the coronavirus shutdowns across the country have forced the department store and mall mainstay into bankruptcy.

Sales and profit slumps were relatively modest, a sign the department store’s merchandising and marketing efforts are paying ...

Last week J.C. Penney became the latest department store chain to announce plans to close stores – nearly 14% of its total store base.

J.C. Penney Co. plans to permanently close more than 240 department stores, or nearly 30% of its locations, as the retailer tries to streamline its business under chapter 11 bankruptcy protection.

J.C. Penney joins the list of American retailers that will shrink to survive a shift away from traditional stores. The department-store chain said it would close up to 140 locations, even as it ...

J.C. Penney will close 15 additional stores in the spring after shuttering more than 150 locations since filing for bankruptcy. Liquidation sales at the affected stores are slated to begin in late ...

J.C. Penney has announced it will be spending more than $1 billion in the next few years to try to revive the more than 120-year-old department store chain. The company emerged from Chapter 11 ...