"We are grateful to our dedicated associates and the loyal customers who have shopped at these locations, and we hope to continue serving them throughout our nearly 650 stores nationwide and online at ...

These closures follow the retailer's February announcement about scaling back operations in selected markets. One JCPenney ...

The money is going toward remodeling JCPenney stores, upgrading its online shopping site and app, and making its supply network more efficient so that online orders are delivered more quickly.