By Asmita - May 21, 2025
JCPenney to permanently close seven locations on May 25, 2025, coinciding with Memorial Day weekend, as part of post-bankruptcy restructuring efforts. Closures in California, Colorado, Idaho, Kansas, New Hampshire, North Carolina, and West Virginia due to expiring leases, declining foot traffic, and changing consumer habits. Transition follows bankruptcy filing in 2020, with plans to stabilize finances by closing stores as company adapts to new ownership and retail landscape.
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JCPenney, an iconic American department store chain, is set to close seven of its locations permanently on Sunday, May 25, 2025, marking another chapter in its ongoing post-bankruptcy restructuring. These closures coincide with Memorial Day weekend, offering shoppers one final opportunity to take advantage of clearance sales before the doors shut for good. The affected locations span across California, Colorado, Idaho, Kansas, New Hampshire, North Carolina, and West Virginia, reflecting the company’s nationwide footprint and the widespread impact of these shutdowns.
The specific stores slated for closure include The Shops at Tanforan in San Bruno, California; The Shops at Northfield in Denver, Colorado; Pine Ridge Mall in Pocatello, Idaho; West Ridge Mall in Topeka, Kansas; Fox Run Mall in Newington, New Hampshire; Asheville Mall in Asheville, North Carolina; and Charleston Town Center in Charleston, West Virginia. JCPenney has attributed these closures to a combination of expiring lease agreements, declining foot traffic, and broader shifts in consumer shopping habits, particularly the growing preference for online retail.
This latest round of closures is part of a larger restructuring effort that began after JCPenney filed for bankruptcy in May 2020. At that time, the company announced plans to shutter 200 of its 850 stores in an attempt to stabilize its finances and adapt to the rapidly changing retail landscape. Since emerging from bankruptcy, JCPenney has undergone significant changes, including new ownership by Simon Property Group and Brookfield Asset Management, and most recently, becoming part of Catalyst Brands in January 2025.
Despite these challenges, JCPenney continues to operate approximately 650 stores nationwide and maintains a robust online platform. The company has emphasized its gratitude to dedicated employees and loyal customers at the closing locations, acknowledging the difficult but necessary decisions being made in response to evolving market conditions and the relentless rise of e-commerce.
