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Bankrupt JCPenney said it would have to close about 30% of its stores. Here are all the closures it announced so far.

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After it filed for Chapter 11 bankruptcy in May, JCPenney warned it would have to close about 30% of its 846 stores.

Since then, the department store chain has made several announcements about which stores it plans to close. Liquidation sales have begun at most of these stores, and for the most part, all sales are final at those locations. Items purchased before June 12 can be returned or exchanged at most locations.

Stores are operating at reduced hours: 11 a.m. to 7 p.m. Monday through Saturday and 11 a.m. to 6 p.m. on Sunday.

A note on JCPenney's website says that some previously announced closures are pending further review.

Continue Reading on Business Insider

Bankrupt, JC Penney Closing Stores In Tracy, Turlock And 152 Other Locations In U.S.

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(CNN) — JCPenney is permanently closing 154 stores across 20 states this summer as part of its bankruptcy plan.

The company, one of the most high-profile retailers to file for bankruptcy protection after being hit hard by the coronavirus, said it expects store closing sales to last around three months, and it will announce additional closures in the coming weeks.

JCPenney filed for Chapter 11 bankruptcy on May 15. The pandemic’s hit on sales was the final blow to a 118-year-old company struggling to overcome a mountain of debt.

Continue Reading on Good Day Sacramento

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