J.C. Penney is closing more stores in bankruptcy. Is your store one of them?

J.C. Penney is closing more stores in bankruptcy. Is your store one of them?

After years of sales declines and two months of disruption due to the COVID-19 health crisis, J.C.Penny filed for Chapter 11 bankruptcy protection on May 15. Now new stores have been added to the list of permanent closures.  

The Texas-based retailer announced June 4 that 154 stores would shut down in its first wave of closings but ended up removing several locations and ended up with 136 closing stores. A second wave of started on July 3 at 13 additional stores.

It said it plans to close about 29% of its 846 stores or 242 locations in bankruptcy and hopes to use the process to shed debt and remain in business.

Now J.C. Penney has added a pair of New York stores, the Brooklyn store in Kings Plaza, and the location in the Manhattan Mall to its list, bringing the current closings list to 150 locations.

Because of the coronavirus pandemic, the store liquidation sales will have fewer shoppers allowed into stores because of social distancing guidelines.

J.C. Penney store hours

Stores across the department store chain are currently operating under reduced hours from 11 a.m. to 7 p.m. Monday through Saturday and 11 a.m. to 6 p.m. Sunday.

On Wednesdays and Fridays, stores have designated an hour, from 11 a.m. to noon, for at-risk shoppers including senior citizens, expectant mothers, and those with underlying health concerns, according to the company website.



 

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