J.C. Penney
We are all familiar with J.C. Penney as it has been a staple store in many malls for decades. However, it has not been immune to poor sales in the past few months. After doing poorly during the holiday season and dropping in stock value, the company decided to close down 18 department stores this year. It also plans to shut down 9 furniture stores, so the grand total number of closures is currently at 27.
J.C. Penney
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Z Gallerie
Z Gallerie is yet another retailer that had to file for bankruptcy recently. The upscale home furniture hopes to get a buyer who will keep it up and running. Until that happens, it is closing 17 stores. This digit makes up for around a fifth of the 75 locations it has across the country.
Z Gallerie
