JCPenney has announced plans to shutter several stores over the next few months, underscoring the ongoing downturn in the U.S. retail sector.
The department store chain confirmed to Axios that it would be closing another eight locations in 2025—of its more than 650 existing locations—following on from a year marked by similar consolidations.
Newsweek contacted JCPenney for comment via email outside regular hours.
Why It Matters
Physical retail stores have continued to feel the effects of the pandemic, shifting consumer habits and the growing dominance of e-commerce. Described by some as a “retail apocalypse,” many traditional brick-and-mortar businesses have shuttered after failing to adjust to these evolving market dynamics.
According to Coresight Research, an estimated 15,000 stores are expected to close in 2025, up from 7,325 last year. Meanwhile, the number of new store openings is projected to decline from 5,970 to 5,800.
Well-known retailers have announced store consolidations, closures and even bankruptcies due to the retail sector’s declining outlook, including Kohl’s, Bargain Hunt and Big Lots. Other big names—such as Walgreens, Macy’s and Starbucks—are also preparing to reduce their physical store presence throughout the year.
Where Is JCPenney Closing Stores in 2025?
According to Axios, citing data from the business consultancy SB360, these are the stores set to close this year.
California
- The Shops at Tanforan, 1122 El Camino Real, San Bruno
Colorado
- The Shops at Northfield, 8568 E 49th Avenue, Denver
Idaho
- Pine Ridge Mall, 4201 Yellowstone Avenue, Pocatello
Kansas
- West Ridge Mall, 1821 SW Wanamaker Road, Topeka
Maryland
- Annapolis Mall, 1695 Annapolis Mall Road, Annapolis
North Carolina
- Asheville Mall, 3 S Tunnel Road, Asheville
New Hampshire
- Mall at Fox Run, 50 Fox Run Road, Newington
West Virginia
- Charleston Town Center, 401 Lee Street E, Charleston
What People Are Saying
JCPenney told Axios that the store closures were unrelated to its recent merger with Sparc, a retail store operator. The two companies announced the combination in January, bringing their portfolios under the joint Catalyst Brands label.
Following the release of the company’s third-quarter results in December, GlobalData Managing Director Neil Saunders told Retail Dive: “There are some good things happening at JCPenney and management is trying to move the business forward, but it all feels like they’re trying to run up a fast moving down escalator right now and progress is very limited.”
What Happens Next
Since JCPenney filed for Chapter 11 bankruptcy protection in May 2020, its store number has shrunk from about 850 to about 650.
However, the company is optimistic about the prospects of the Sparc merger. Despite less-than-sunny financial results over the past few months, CEO Marc Rosen said the merger would allow the pair to “leverage our resources and best-in-class industry talent to grow our brands further.”
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