Connect with us

Hi, what are you looking for?

The American GeniusThe American Genius

Business News

JCPenney to close 40 stores, popularity continues to dwindle

(Business News) JCPenney is closing more stores, and we expect more closures to come in 2015.

jcpenney

jcpenney

JCPenney’s struggles continue

The saga of the downfall of J.C. Penney continues into 2015 despite positive holiday profits. The company announced last week that they will be closing approximately 40 stores, which is around four percent of their total stores. The department store, named after James Cash Penney and founded in 1902, has been a staple in shopping malls for years. However, the popularity has dwindled since their decision to restructure.

bar
They have been in the news in recent years as a company making unusual business decisions. J.C. Penney made the choice to eliminate sales from their stores and to just have “good” prices on items all year-round. The store again made headlines with a roller coaster change in their CEO. The company hired Ron Johnson as their CEO in 2011; however Johnson was later fired in 2013 and was replaced by the retailer’s former CEO Mike Ullman.

Which locations are shutting their doors?

Their rebranding of store prices and organizational culture has been a whirlwind and it seems as though they are falling even more behind their competitors. The following is the full collection of J.C. Penney’s stores that will be closing their doors in April 2015:

  • Walnut Square Mall in Dalton, GA
  • Gwinnett Place Mall in Duluth, GA
  • Lagrange Mall in Lagrange, GA
  • Southbridge Mall in Mason City, IA
  • Westland Mall in West Burlington, IA
  • Crossroads Shopping Center in Waterloo, IA
  • Northland Plaza in DeKalb, IL; Quincy Mall in Quincy, IL
  • Marquette Mall in Michigan City, IN
  • Hanover Mall in Hanover, MA
  • Silver City Galleria in Taunton, MA
  • Adrian South Mall in Adrian, MI
  • Randolph Mall in Asheboro, NC
  • Southgate Mall in Elizabeth City, NC
  • Signal Hill Mall in Statesville, NC
  • Parkwood Mall in Wilson, NC
  • Cumberland Mall in Vineland, NJ
  • Hudson Valley Mall in Kingston, NY
  • Eastland Mall in Columbus, OH
  • North Towne Plaza in Greenville, OH
  • Upper Valley Mall in Springfield, OH
  • Pony Village Mall in North Bend, OR
  • Chambersburg Mall in Chambersburg, PA
  • Susquehanna Valley Mall in Hummels Wharf, PA
  • Granite Run Mall in Media, PA
  • Nittany Mall in State College, PA
  • York Galleria in York, PA
  • Providence Place Mall in Providence, RI
  • Aiken Mall in Aiken, SC
  • Inlet Square Mall in Murrells Inlet, SC
  • Lakewood Mall in Aberdeen, SD
  • Market Square Mall in Brenham, TX
  • Manassas Mall in Manassas, VA
  • The Marquis in Williamsburg, VA
  • Diamond Run Mall in Rutland, VT
  • St. Albans Shopping Center in St. Albans, VT
  • Aviation Plaza in Oshkosh, WI
  • Regency Mall in Racine, WI
  • Shawano Plaza in Shawano, WI.

The news of these store closings comes at the same time of news about Macy’s cutting over 1,300 jobs and closing 14 of their stores. With all of these changes in department store chains, shopping centers are going to become much more bare.

#JCPenneyClosures

Advertisement. Scroll to continue reading.

Staff Writer, Taylor Leddin is a publicist and freelance writer for a number of national outlets. She was featured on Thrive Global as a successful woman in journalism, and is the editor-in-chief of The Tidbit. Taylor resides in Chicago and has a Bachelor in Communication Studies from Illinois State University.

3 Comments

3 Comments

  1. Pingback: JCPenney reviving their old catalog hoping to boost home goods sales - AGBeat

  2. Pingback: JCPenney to add Hallmark mini-stores for shoppers nationwide - AGBeat

  3. Pingback: JCPenney is trying hard to not follow other retailers foot steps - The American Genius

Leave a Reply

Your email address will not be published.

AdBlocker Message

Our website is kept FREE to you by displaying online ads to our visitors. Please consider supporting us by disabling your ad blocker OR subscribing to our email newsletter: https://theamericangenius.com/get-american-genius-newsletter/

The
American Genius
news neatly in your inbox

Subscribe to our mailing list for news sent straight to your email inbox.

Advertisement

KEEP READING!

Tech News

(TECHNOLOGY) The Metaverse has been the talk of the town for quite some time now, but how it will affect retail as we know...

Business News

(NEWS) Toys R Us is opening their newest store complete with a 2-story slide and ice cream parlor, as well as an exclusive partnership...

Business Marketing

(CUSTOMER SERVICE) Times are changing in the retail environment: a once customer-service driven experience is evolving into a minimalistic customer service approach.

Business Finance

(BUSINESS FINANCE) U.S. retail sales aren't coming back as many had expected, as the nation braces for wintertime with COVID-19.

The American Genius is a strong news voice in the entrepreneur and tech world, offering meaningful, concise insight into emerging technologies, the digital economy, best practices, and a shifting business culture. We refuse to publish fluff, and our readers rely on us for inspiring action. Copyright © 2005-2022, The American Genius, LLC.