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Several US retail chains, including Macy's, JCPenney, CVS, and Footlocker, are shutting down numerous locations in July.
Then, in December of 2014, Towne West lost Sears, whose parent company had struggled to compete with big box retailers like Wal-Mart and the blow from Internet sales. In 2017, Dillard’s closed one of ...
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Adweek on MSNJCPenney Gifts $10,000 Dream Wedding to LA Couple Amid Brand RevivalWhile all eyes are on Amazon founder Jeff Bezos' high-profile wedding in Venice, Italy this week, JCPenney hopes to divert ...
After shutting down several stores in May, JCPenney is planning to close a warehouse and lay off nearly 300 workers this year ...
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JCPenney is set to close its Alliance Supply Chain facility in Haslet, Texas around Nov. 1, affecting 296 employees.
JCPenney just announced it will close a major Texas fulfillment center and lay off hundreds of employees as it fights to stay ...
US Department Store JCPenney To Close 7 Stores Across The Country, Check Impacted Locations JCPenney has faced financial struggles in recent years, including a Chapter 11 bankruptcy filing in 2020.
JCPenney will close eight locations this year, a company spokesperson said, adding to the list of more than 200 closures since the company filed for bankruptcy five years ago.
Together, they hold JC Penney bonds with a face value exceeding $300mn, which they purchased since 2023 for pennies on the dollar. The purchases came well after the bankruptcy had closed.
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