J.C. Penney on Friday said it plans to close between 130 and 140 stores in the next several months, a move that makes it the latest retail stalwart to pull back from the mall amid the rise of online shopping. The department store giant’s latest quarterly results, also released Friday, illustrate its struggle to connect with shoppers: Sales were down 0.7 percent at stores open more than a year.
Similar Stories to J.c. Penney To Close Up To 140 Stores on Bing News
Sarah Halzack - The Washington Post, Portland Press Herald
Fri, 02/24/2017 - 7:17am
Sections: u.s.
Topics: Maine Cumberland County Portland
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BING NEWS:
- Lakeside Mall in Sterling Heights to permanently close July 1
It's the final countdown for long-struggling Lakeside Mall in Sterling Heights. Lakeside's owner plans to announce Wednesday that it will permanently close the shopping mall on July 1.
05/1/2024 - 8:27 am | View Link - JCPenney remains open at Boulevard Mall despite losing eminent domain appeal
A legal document from April 18, 2024, shows the Court of Appeals dismissed the appeal in the matter of Penney Prop. Sub Holdings ... very disappointing': Most stores at Boulevard Mall must close by ...
05/1/2024 - 8:23 am | View Link - J.C. Penney loses second bid to block Amherst in eminent domain case
Penney Property Sub Holdings' appeal was dismissed April 18 on the grounds that "no substantial constitutional question is directly involved," according to the Court of Appeals decision.
05/1/2024 - 6:40 am | View Link - Court rules on JCPenney's appeal of eminent domain at Boulevard Mall
JCPenney originally filed a petition March 2023 asking the court to reject Amherst's plan to taking over its property through eminent domain.
05/1/2024 - 5:26 am | View Link - Pub owners determined not to close their doors
A pub owner has said she will do all she can to ensure it does not "become a casualty of the cost of living crisis". The Swan Inn in Monks Eleigh near Sudbury, Suffolk is owned by Julie Penney and has ...
04/27/2024 - 8:42 pm | View Link - More
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