Is JCPenney closing more stores?

Asked by Michael Glass on September 12, 2021

Categories: Events and attractions Malls and shopping centers

Rating: 4.2/5 (45 votes)

J.C. Penney is set to close six of its department stores in 2020, a spokeswoman confirmed to CNBC.“This decision is the result of a careful and ongoing review of our store portfolio,” a spokeswoman said in an email to CNBC. “It's never easy to close a store, however, we feel this is a necessary business-decision.”

Is Target going out of business? Target is set to-close stores across the country after reporting a loss in sales, despite owner Wesfarmers' massive full-year profit. The Perth-based conglomerate, which also owns Kmart and Coles, quadrupled its full-year profit to $5.51 billion.

What stores is target closing? Target will close six stores, including one near retailer's hometown. Target Corp.flagship store in Minneapolis. Target Corp.said Monday that it would close ahalf-dozen stores, including one in Brooklyn Center, Minn., in early February 2019.

Which Lowes stores are closing in 2019? Here are the Lowe's stores that are closing:

  • U.S.
  • Alabama. Lowe's of Graysville, AL (Store #303
  • California. Lowe's of Aliso Viejo, CA (Store #1900)
  • Connecticut. Lowe's of Orange, CT (Store #62
  • Illinois. Lowe's of Granite City, IL (Store #302
  • Indiana. Lowe's of Portage, IN (Store #177
  • Louisiana.
  • Massachusetts.