JCPenney announces more store closures this May, list of affected locations

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Posted by AI on 2025-05-13 05:05:25 | Last Updated by AI on 2025-12-23 05:39:07

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JCPenney announces more store closures this May, list of affected locations

Another wave of JCPenney store closures is happening across the country, here's the full list of affected locations and more details on the latest round of shutterings.

Six more JCPenney locations are set to permanently close their doors in May, according to information from the company on Monday, May 8. The latest wave of closures comes as the retailer continues to streamline its brick-and-mortar presence as it prioritizes its strongest locations and trims its portfolio.

The list of affected locations includes Traverse City, Michigan; Salinas, California; Worcester, Massachusetts; Charleston, South Carolina; Savannah, Georgia; and Champaign, Illinois. All six stores will begin their final sales this week and will fully close by the end of May.

These upcoming store closures come as JCPenney has recently embarked on a new strategic path. Last month, the company announced that it plans to shake up its executive leadership team and allocate more resources to its e-commerce business, including a more targeted approach to marketing and a fuller assortment of goods online versus in stores.

Additionally, the company plans to forge ahead with its store optimization strategy, which includes the closure of stores and the negotiation of rent reductions with landlords. These efforts are aimed at saving money to invest in its digital operations, optimize its fleet of stores, and improve financial flexibility.

The company anticipates that these latest closures will enable it to better serve its customers through its surviving stores and online.

As JCPenney continues to reconfigure its physical store footprint, more closures are likely to be announced in the coming months.

The retailer has already undergone multiple rounds of closures over the past year and a half. At the start of 2023, the company announced it would close its store in the Promenade Bolingbrook shopping center in Bolingbrook, Illinois.

In November 2022, JCPenney announced the upcoming closure of its store at the Hillsboro Shopping Center in Hillsboro, Texas.

Throughout 2022, the company closed 13 locations as part of its store optimization strategy.

In March 2022, JCPenney announced it would shutter 13 stores across the U.S., affecting roughly 1300 jobs. Those stores were in the following locations:

1. Brandon, Florida

2. Bristol, Connecticut

3. Carlsbad, California

4. Charlottesville, Virginia

5. Coconut Point, Florida

6. Danbury, Connecticut

7. Fairview Heights, Illinois

8. Frederick, Maryland

9. Garden City, New York

10. Grove City, Ohio

11. Hamburg, Pennsylvania

12. Knoxville, Tennessee

13. Lafayette, Louisiana

In 2021, the company announced that it would close another 13 locations, but ultimately decided to permanently close nearly 30 stores.

These additional store closures were largely due to the landlord of malls where the stores were located electing not to renew their leases.

By shuttering less-productive stores, the company said it expects to achieve annual savings of approximately $25 million.

More details on the company's broader store optimization strategy can be found in a company release here.

As JCPenney continues to adapt to a retail environment that favors e-commerce and a more tailored approach to physical stores, expect more updates on additional closures, location-specific details, and the latest developments from the company.

The future of JCPenney remains uncertain, but these efforts aim to reposition the company for success in the current retail landscape.