JCPenney Closing More Stores After Bankruptcy. Will Your Store Shutter? See The Closure List.
JCPenney has added a couple of stores to its rundown of extremely durable store terminations. 안전놀이터
The retailer affirmed to USA TODAY that the Greenwood, Mississippi and Baytown, Texas stores will before long close and are holding liquidation deals. The Mississippi store is booked to close Oct. 24 and the Texas area on Dec. 5.
The retail chain was probably the biggest retailer to petition for Chapter 11 liquidation security during the Covid pandemic. Authorities said in May 2020 that they wanted to close about 29% of its 846 stores or 242 areas in chapter 11 and expected to utilize the interaction to shed obligation and stay in business.
From that point forward 174 stores have forever shut and last December arose out of chapter 11 subsequent to being procured by shopping center proprietors Simon Property Group and Brookfield Asset Management Inc. Eighteen stores covered in May.
JCPenney keeps on shutting down stores in the wake of leaving bankruptcy.JCPenney keeps on shutting down stores subsequent to leaving liquidation.
JCPenney revealed to USA TODAY that the two closings are disconnected to last year's "store improvement" methodology.
"The current go-ahead store count is 670 stores after these two liquidations," the organization said in an assertion. "We have no other store terminations to report as of now."
JCPenney store closings 2021
Liquidation deals are in progress at the two shutting down stores.