J.C. Penney
J.C. Penney will close more stores this spring after declaring bankruptcy and closing more than 150 locations last year. The department store giant said in December that it plans to eliminate an additional 15 shops by the end of March 2021. J.C. Penney said in a statement to USA Today, “We also chose to eliminate an additional 15 locations as part of our shop optimization plan, which began in June with our financial restructuring.” “These stores will begin liquidation sales later this month and will close to the public in mid to late March.”
J.C. Penney
Francesca’s
In November 2020, Francesca stated 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 stores. According to USA Today, the company now has 558 locations but “plans to renegotiate a variety of leases through this process, which could result in the closure of additional boutiques,” according to a statement issued to the publication.
Francesca’s
