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 amid significant challenges for department stores.

J.C. Penney reopens more stores. Currently, about a third of its stores, or 304 locations, have reopened and nearly 500 are expected to reopen by June 3, said Jim DePaul, the company’s executive ...

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 is the fourth major retailer — and the largest — to file for Chapter 11 protection this month, after J. Crew, Neiman Marcus and Stage Stores. All four have a heavy presence in ...

Retail stores are getting the blues 01:10. Like other department stores, J.C. Penney is trying to adjust to changing shopping patterns, and is joining other department stores like Macy’s, which ...

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.

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 ...

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 Co., the department-store chain that filed for Chapter 11 bankruptcy on Friday, says it will close about 29% of its stores. The retailer will reduce its store count to about 604, ...

Last week J.C. Penney became the latest department store chain to announce plans to close stores – nearly 14% of its total store base. The sad part of that announcement, beyond the hundreds of ...

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

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 ...