During the Covid pandemic, JCPenney filed for Chapter 11 bankruptcy as the company agreed with lenders to reduce its billions of dollars of debt and explore sale options.

JCPenney is planning to close a "handful" of stores over the coming months as it struggles to keep pace with rapidly changing market conditions. "While we do not have plans to significantly ...

JCPenney did not confirm which "handful" of stores would be closing this year. According to SB360 Capital Partners, which handles liquidation sales, one store in each of the following states is ...

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JCPenney and Joann are two of several big-name ... The timeline on the closures is unclear, but clearance sales began last month and were expected to last 8-12 weeks, Macy's said on its website.

JCPenney filed for bankruptcy back in May 2020 following a drop in sales during the COVID-19 pandemic. At that time, the chain had roughly 850 stores and was eyeing a massive closure of about 25% ...