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JCPenney is the latest department store to be feeling the economic pinch in 2025. The anchor store at many nationwide malls will be closing down eight locations by the middle of the year ...
The two companies both shared store closure announcements this week, with JCPenney expected to close a "handful" by mid-2025 and Joann to shutter roughly 500 locations. The retailers join other ...
Clearance sales at Macy's Backstage stores and Macy's Furniture Galleries were expected to start this month. Following the closure of 150 stores, about 350 Macy's will remain across the U.S.
Home Depot stores will be open from 9 a.m. to 8 p.m. on Jan. 1, the company told USA TODAY, while Lowe's stores will be open from 9 a.m. to 6 p.m., according to the company.
The department store chain had $4 billion in debt back in 2018, and Columbia University's Director of Retail Studies, Mark Cohen, claimed it was in a 'leaky boat that eventually will sink' while ...
NEW YORK — JCPenney said Thursday it plans to spend more than $1 billion by the end of 2025 in a bid to revive the storied but troubled 121-year-old department store chain. The money is going ...
JCPenney plans to close its store at 60 Elm Plaza in Waterville on Sept. 22, and R.H. Reny Inc. owner John Reny confirmed Monday his company's 19th store will open there next year.
Now, a new furniture store appears to be moving into the old JCPenney / Shoppers World space (again, at least the lower half). New Furniture Store at Hamilton Mall in Mays Landing, NJ Within the past ...
JCPenney began reworking is brands in 2019 – around the time Wlazlo joined the company. It has since relaunched over 25 of private brands and added 10 new brands. Private label now accounts for 55% of ...
JCPenney is not the only legacy department store struggling in a healthy economy. Macy's sales at stores open at least a year during the holidays grew a tepid 0.7% compared with last year.
JCPenney announced its store at 43690 Ford Road will join 14 others nationwide in closing their doors this spring and is an addition to 150 others previously announced to close by the company.
JCPenney said Monday it will shutter an additional 13 locations this summer, the company’s second announcement this month of nationwide store closures. There are 11 JCPenney stores in New Jersey ...