JCPenney added a pair of stores to its list of permanent store closures.
The retailer confirmed to USA TODAY that stores in Greenwood, Mississippi and Baytown, Texas will close soon and hold liquidation sales. The Mississippi store is scheduled to close on October 24 and the Texas store on December 5.
The department store chain was one of the Largest Retailers To File For Chapter 11 Bankruptcy Protection during the coronavirus pandemic. Officials said in May 2020 that they plan to close approximately 29% of its 846 stores or 242 locations bankrupt and hoped to use the process to get out of debt and stay in business.
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Since then, 174 stores have closed permanently and last December out of bankruptcy after being acquired by shopping center owners Simon Property Group and Brookfield Asset Management Inc. Eighteen stores closed in May.
JCPenney told USA TODAY that the two closures were unrelated to last year’s âstore optimizationâ strategy.
âThe current number of upcoming stores is 670 stores after these two liquidations,â the company said in a statement. “We have no further store closures to announce at this time.”
JCPenney store closures 2021
Liquidation sales are underway in the two stores which are closing.
Mississippi JCPenney closes October 24
- Greenwood: Greenwood Mall, 810 W. Park Ave.
Texas JCPenney will close on December 5
- Baytown: San Jacinto Mall, 2000 San Jacinto Mall
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