JCPenney Is Closing Even More Stores. Is Your State Affected? - Iqraa news

JCPenney filed for bankruptcy back in 2020. Since then, about 240 of its stores have closed. Right now, there’s about 650 locations left in the U.S. (Is anyone else surprised that the number is that high?!) “The decision to close a store is never an easy one, but isolated closures do happen from time to time due to expiring lease agreements, market changes or other factors," the company said in a statement. That implies that these closures are routine, but it’s still never a good sign.