JCPenney announces closures of 130-140 stores

Predicting the demise of Sears & Kmart since 2017!
SamSpade
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Re: JCPenney announces closures of 130-140 stores

Post by SamSpade »

Interesting development in this story:
J.C. Penney delays closing 138 stores one month due to stronger sales
Guess they wanted a month longer to see what local communities did / if they need to funnel the entire company's "dead / clearance" merchandise into these stores. . .
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Re: JCPenney announces closures of 130-140 stores

Post by storewanderer »

I think they are just doing things to try to get attention.

It will be interesting to see if they decide not to close a few stores. Lease renegotiation processes or similar could save a few locations.
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