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Mall-based retail giants like J.C. Penney face new assault from online brands, social media, discounters and specialty shops

JC Penney store closings latest sign that ecommerce may finally be devastating brick-and-mortar retail

19 hours agoTechnology : Venture Beat

ANALYSIS: This week J.C. Penney released details of its plans to shutter 138 stores out of 1,014 locations, and to cut 5,000 retail jobs. That is part of the ongoing reinvention of a company that seemed to be on the verge of collapse just a few years ago. The company says physical stores remain vital to […]

Sears, J.C. Penney, Kmart, Macy's: These retailers are closing stores in 2017

A look at the top retailers that have announced store closings in 2017.        

Retailers closing stores in 2017: J.C. Penney, Sears, Kmart, Macy's

A look at the top retailers that have announced store closings in 2017.        

JC Penney Releases Full List Of Stores Closings

4 days agoNews : The Newsroom

The retailer decided on the move after its same-store sales and revenue were below expectations in 2016, despite posting positive net income.

Is your local J.C. Penney store closing? Check this list

A full list of J.C. Penney stores closing in 2017 has been released

J.C. Penney Closings: Retailer announces locations of shuttered stores

J.C. Penney, on Friday, announced the locations of 138 stores it will close in June. The closings will span 41 states and displace more than 5,000 workers. The news follows a previously released plan J. C. Penney says will help it shrink its footprint in order to navigate changes in the retail industry. Liquidation sales will begin April 17. Show More Summary

See if your J.C. Penney store is among 138 closures

The department-store retailer released its list of 138 store closures Friday.        

J.C. Penney is gearing up to take on Sears

J.C. Penney is offering a new home serves department.        

J.C. Penney Will Now Remodel Your Bathroom

You might pick up bathroom essentials at J.C. Penney, but now you can get a new bathroom. The department store announced that it will start testing remodeling and other home services later this month. READ MORE »

Palo Alto startup predicts retail failure via satellite images

After five years of fighting to increase profits, J.C. Penney is shutting down 130 stores nationwide. For one California startup — and anyone who’s been inside J.C. Penney lately — this didn’t come as a surprise. Orbital Insight, a venture-funded...Show More Summary

Darth Mall Strikes Again! JC Penney To Close 130-140 Stores (And 2 Distribution Centers)

J.C. Penney announced Friday that it would close up to 140 stores in the next couple months. The post Darth Mall Strikes Again! JC Penney To Close 130-140 Stores (And 2 Distribution Centers) was originally published at The Wall Street Examiner. Follow the money!

J.C. Penney to Close 140 Stores

After sluggish holiday-season sales, J.C. Penney announced on Friday its plan to shutter up to 140 stores -- - the latest department store chain facing pressure to reorganize its business model from online retailers and shifting consumer-shopping habits. Show More Summary

Victoria’s Secret should stop pushing up prices

Remember when J.C. Penney decided to abruptly get rid of he coupons customers loved, quickly wiping out more than $1 billion in sales and alienating loyal shoppers? The 2013 episode, led by former Apple Store chief Ron Johnson, was an...Show More Summary

J.C. Penney to Close Stores, Cut Jobs

J.C. Penney announced plans today to shutter stores and reduce its work force in response to a sag in the department store business. USA Today reports that the company will close between 130 and 140 stores and will offer buyouts to....

J.C. Penney to close 130 to 140 stores

J.C. Penney said Friday that it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next several months as it aims to improve profitability in the era of... To view the full story, click the title link.

JCPenney shuttering up to 140 stores as sales weaken, more sluggish growth seen ahead

``J.C. Penney finally lifted the lid on its plans to downsize its fleet, telling investors on Friday that it would close between 130 and 140 of its stores over the next few months. The retailer made its comments while reporting fiscal fourth-quarter earnings that topped Wall Street's expectations, though revenue and same-store sales fell shy of expectations. ''

J.C. Penney will close as many as 140 stores nationwide

3 weeks agoNews : NY Daily News

The closures represent about 13% to 14% of the department store operator's current store count.

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