J.C. Penney
J.C. Penney will close more stores this spring after declaring bankruptcy and closing more than 150 stores last year. In December, the department store chain announced that it would close 15 more stores by the end of March 2021. “We also decided to close an additional 15 stores as part of our shop optimization plan, which started in June with our financial restructuring,” J.C. Penney said in a statement to USA Today. “These stores will launch liquidation sales later this month and close to the general public in mid to late March.”
J.C. Penney
Francesca’s
In November 2020, Francesca announced that it would close approximately 140 stores by the end of January 2021. The women’s boutique chain filed for Chapter 11 bankruptcy in December, with plans to sell the company, including its physical locations. According to USA Today, the company currently operates 558 stores but “plans to renegotiate a variety of leases through this process, which could entail closing new boutiques,” according to a statement provided to the publication.
Francesca’s
