Good Lifestyle

Although JCPENNEY has resisted the test of time, it is not immune to the challenges that have fallen department stores . The 12,11111 -year -old retailer has been faced with current problems in recent years, even by depositing the bankruptcy and the closure 200 stores After the pandemic coup Cavid-19 in 2020. As with Bed bathtub and beyond And Macy's, he now finds himself in " The pasty environment , "Retail experts have declared at NPR, which means that it does not have a single online presence, but does not have a" large box "label either, where buyers know that 'They mark a great affair. Even with an improving economy, things I still do not seem great, because JCPENNEY closes more stores. Read the rest to discover what JCPENNEY locations close this spring, with liquidations at from next month.

Read this then: Popular bookstores, including Barnes & Noble, are closing locations, from February 11 .

A JCPENNY Elkhart, Indiana , is on the cutting block, according to WDNU affiliated with NBC. The store is a must in the Concord shopping center since 1976, but it will see its last day this spring. AE0FCC31AE342FD3A1346EBB1F342FCB

"JCPENNEY has always been one of those places that has always helped to bring people in this region, even if they did not go to the shopping center, they went to JC PENNEY", President of the Grand Chamber of Commerce Elkhart Levon Johnson said at the exit.

Concord Mall has had five different owners in recent years, said Johnson, citing lease pricing negotiations as the main reason for the closure. "A little surprise, you know that they have recently invested, in the past six months, a lot of money in the renovation and lighting of the store," he added.

In a declaration in WDNU, JCPENNEY confirmed the closure, but has included any detail on the rental negotiations.

"" Our JCPENNEY store at Mall Concord will close its doors. The liquidation process will start in February, with the closure of the store by May this year, "said the declaration. "The decision to close a store is never easy. We are grateful for our dedicated partners and the loyal customers who bought from our location of Elkhart, Indiana."

In Oswego, New York, another longtime jcpenney closes the store. A store employee Confirmed the closure of Oswego County News now, but has not provided additional details on the store closure or the number of employees.

The store, located in Oswego Plaza, has been the pillar since 1977, has just escaped in 2020, reported the point of sale. "They say it would close for years and now I suppose it's true", " Pat walsh , an Oswego resident who worked at the store until 2013, told Oswego County News now.

However, buyers are sad to see him disappear. "It's a shame. I don't know why they can't stay open", customer Bob Nolan said, while Charry Snyder Another Oswego resident expressed his disappointment as a frequent buyer. "It's the biggest store we have for clothing," she told Oswego County News now.

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Since the summer of 2022, the location of JCPENNEY in PLEASANTON, California, has kept the Moulin with rumors. The store is located in Stonerridge Mall, which was Acquired by 300 Venture Group (3vg), The independent reported in August 2022.

The official plans for the site were not confirmed at the time, but the new owners called the "Prime Real Estate" property. In addition, 3VG said that he sought to "maximize the value" of his investments and "explore various scenarios for property".

Nicholas Bicardo , the broker who represented the seller In the transaction, told The Real Deal that with the 3VG at the helm, it is likely that the Pleasanton JCPENNEY will close. Because 3VG is a "provocative buyer", they are more inclined to find other uses for the location.

Since January 17, the location of Stoneridge Mall has always appeared on JCPENNEY store locator page. Better life Contacted JCPENNEY to comment on the confirmed closures and the closure of rumors, but has not yet heard.

According to a CNN Business report in November 2022, JCPENNEY tries to " go back "Under CEO Marc Pink , which took over in 2021.

"I think you have to take a large -scale transformation," Rosen to CNN Business told a video interview. "There was an opportunity to really take this brand and make it relevant again."

The department store recently ended a partnership with the beauty retailer Sephora, but under Rosen, the company has renovated brick and mortar locations, introduced new brands and also improved its online experience, reported CNN Business. The CEO confirmed that these strategies had managed to attract more customers against JCPENNEY before the 2022 holiday shopping season.