{"id":270983,"date":"2025-02-13T01:37:13","date_gmt":"2025-02-13T01:37:13","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/02\/13\/is-jcpenney-closing-stores-see-whats-going-on-with-the-retailer-hollywood-life\/"},"modified":"2025-06-25T17:09:23","modified_gmt":"2025-06-25T17:09:23","slug":"is-jcpenney-closing-stores-see-whats-going-on-with-the-retailer-hollywood-life","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/02\/13\/is-jcpenney-closing-stores-see-whats-going-on-with-the-retailer-hollywood-life\/","title":{"rendered":"Is JCPenney Closing Stores? See What\u2019s Going on With the Retailer \u2013 Hollywood Life"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<figure class=\"entry-media edge-to-edge entry-media--lead-image\" aria-describedby=\"lead-image-credit\">\n<div class=\"image-wrapper image-wrapper--widescreen\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" width=\"384\" height=\"216\" src=\"https:\/\/hollywoodlife.com\/wp-content\/uploads\/2025\/02\/GettyImages-1653312684_6e3d09-e1739388502620.jpeg?resize=384%2C216\" class=\"attachment-hl-384x216-tc size-hl-384x216-tc wp-post-image\" alt=\"Is JC Penney Closing Stores? What's Going on With the Company\" srcset=\"https:\/\/hollywoodlife.com\/wp-content\/uploads\/2025\/02\/GettyImages-1653312684_6e3d09-e1739388502620.jpeg?resize=384%2C216 384w, https:\/\/hollywoodlife.com\/wp-content\/uploads\/2025\/02\/GettyImages-1653312684_6e3d09-e1739388502620.jpeg?resize=768%2C432 768w, https:\/\/hollywoodlife.com\/wp-content\/uploads\/2025\/02\/GettyImages-1653312684_6e3d09-e1739388502620.jpeg?resize=1536%2C864 1536w\" sizes=\"(max-width: 768px) 100vw, 670px\" decoding=\"async\" fetchpriority=\"high\"\/>\t\t\t\t\t\t<\/div><figcaption id=\"lead-image-credit\">Image Credit: Getty Images<\/figcaption><\/figure>\n<p><!-- .entry-media --><\/p>\n<p id=\"content-paragraph-2\">JCPenney, one of the most popular American retailers, has been shuttering some of its stores since 2024. Amid recent changes in the economy and overall business trends, shoppers are wondering if JCPenney is closing down for good as a result. So, is the fan-favorite chain going out of business?<\/p>\n<p id=\"content-paragraph-3\">According to multiple <a href=\"https:\/\/www.retaildive.com\/news\/jc-penney-closing-four-stores\/718793\/\" target=\"_blank\" rel=\"noopener nofollow\" data-analytics-trigger=\"article-body-link\">outlets<\/a>, the department store announced in June 2024 that they were shutting down several of its 600 stores.<\/p>\n<p id=\"content-paragraph-4\">\u201cRegretfully, we are unable to continue our current lease terms for these store locations and have been unable to find suitable locations in the market,\u201d JCPenney said at the time. \u201cWe are grateful to our dedicated associates and the loyal customers who have shopped at these locations throughout the years.\u201d<\/p>\n<p id=\"content-paragraph-5\">Below, learn everything we know about JCPenney\u2019s 2025 store closures.<\/p>\n<blockquote class=\"instagram-media\" data-instgrm-captioned=\"\" data-instgrm-permalink=\"https:\/\/www.instagram.com\/reel\/C9DHLzEi9rO\/?utm_source=ig_embed&amp;utm_campaign=loading\" data-instgrm-version=\"14\" style=\" background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:500px; min-width:326px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);\">\n<\/blockquote>\n<h2>Is JCPenney Closing?<\/h2>\n<p id=\"content-paragraph-8\">No, despite recent store closures, JCPenney is not going out of business. In its 2024 statement, the retailer noted that they would \u201ccontinue to work to make every dollar count for America\u2019s diverse, working families and welcome them to shop at our other JCPenney stores in the area and at JCPenney.com.\u201d<\/p>\n<p id=\"content-paragraph-9\">In February 2025, store closures in New Hampshire, Colorado, Idaho and more states were confirmed. In a statement obtained by <a href=\"https:\/\/www.the-sun.com\/money\/13529060\/jcpenney-to-close-down-more-stores\/\" target=\"_blank\" rel=\"noopener nofollow\" data-analytics-trigger=\"article-body-link\"><em>The U.S. Sun<\/em><\/a>, the company acknowledged the difficulties in shutting down a store.<\/p>\n<p id=\"content-paragraph-10\">\u201cThe 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,\u201d JCPenney\u2019s statement read. \u201cWhile we do not have plans to significantly reduce our store count, we expect a handful of JCPenney stores to close by mid-year.\u201d<\/p>\n<h2>How Many Stores Is JCPenney Closing?<\/h2>\n<p id=\"content-paragraph-11\">There are more than 600 total JCPenney stores throughout the U.S., multiple outlets reported. It\u2019s still unclear how many of them are closing down, as JCPenney indicated in February 2025 that it expected to shutter \u201ca handful\u201d of them by the middle of the year.<\/p>\n<h2>Why Is JCPenney Shutting Down Stores?<\/h2>\n<p id=\"content-paragraph-12\">JCPenney filed for Chapter 11 bankruptcy in 2020 and shut down about 200 of its store locations, per <a href=\"https:\/\/www.axios.com\/2025\/02\/11\/jcpenney-closing-stores-2025-list\" target=\"_blank\" rel=\"noopener nofollow\" data-analytics-trigger=\"article-body-link\">Axios<\/a>. The outlet reported that the retailer claimed its closures were \u201c\u201dunrelated to the recent Catalyst Brands merger,\u201d referring to the 2025 merge with SPARC Group to create Catalyst Brands.<\/p>\n<p><!-- CONTENT END 1 -->\n\t\t<\/div>\n<p><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/hollywoodlife.com\/feature\/is-jc-penney-closing-stores-5369900\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Image Credit: Getty Images JCPenney, one of the most popular American retailers, has been shuttering some of its stores since 2024. Amid recent changes<\/p>\n","protected":false},"author":1,"featured_media":270984,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[156],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/270983"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=270983"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/270983\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/270984"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=270983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=270983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=270983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}