New Jcpenney Store Closings 2025. Jcpenney, which was founded 118 years ago, filed for bankruptcy on may 15. Texas, and maine that will be closed by the fall of 2025.
As for future closures, according to retaildive, last month, simon property group ceo david simon said it is not likely that j.c. Mall reits brookfield properties and simon property group in 2020 bought the department store out of bankruptcy.
