J.C. Penney
J.C. Penney will close more stores this spring after declaring bankruptcy and liquidating more than 150 stores last year. In December, the department store chain announced that 15 more shops would close by the end of March 2021. “As part of our shop optimization approach, which began in June with our financial restructuring, we have planned to close an additional 15 locations,” JCPenney said in a statement to USA Today. “Liquidation sales will begin towards the end of this month, and the stores will close to the general public in mid- to late March.”
J.C. Penney
Francesca’s
In November 2020, Francesca announced that it would close roughly 140 stores by the end of January 2021. The women’s boutique network filed for Chapter 11 bankruptcy in December, with the goal of selling the company, including its physical locations. According to a statement issued to USA Today, the company now has 558 locations, but “plans to renegotiate a number of leases throughout this period, which may include closing new boutiques.”
Francesca’s
