J.C. Penney has released a new list of stores that will close as the company files for bankruptcy.
What’s going on?
In June, J.C. Penney announced it would close more than 150 stores across the country during the summer, as I reported for the Deseret News.
J.C. Penney filed for bankruptcy “after several years of declining sales and strategic missteps as J.C. Penney careened from one reinvention strategy to another,” according to USA Today.
According to CNN, here is a rundown of the stores that are closing now:
Michigan:
- Greenville.
- Owosso.
- Big Rapids.
- Alma.
- Bay City.
- Mt. Pleasant.
- Okemos.
New York
- Bay Shore.
- Poughkeepsie.
Washington
- Omak.
- Sunnyside.
Maryland
- Hyattsville.
- California.
- Concord.