They are among a first wave of 154 stores J.C. Penney is closing nationwide as it looks to refocus resources on its strongest stores and its online business. Stores closing due to the COVID-19 have hastened the demise for companies like JCPenney. The mall has been closed since Monday after a robbery and the store is no longer listed on JC Penney's website.
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Several JCPenney stores will be shutting down as part of the company's bankruptcy plans. Sephora, an internationally known beauty and skin care products chain, opened a location inside the Westdale J.C. Penney store in 2015.
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"While closing stores is always an extremely hard decision, our store optimization strategy is vital to ensuring we emerge from both Chapter 11 and the COVID-19 pandemic as a stronger retailer with greater financial flexibility to allow us to continue serving our loyal customers for decades to come", JCPenney CEO Jill Soltau said in a statement.
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Store closing sales will begin at the 154 locations the week of June 12th and are expected to last from 10 to 16 weeks. As an adult, E.C. Sams, who was from Simpson, Kan., became the business partner of James Cash Penney. A decade later, fate would bring these two young men together in Wyoming, creating a working synergy that would transform Penney's fledgling enterprise from a two-store mercantile establishment out west to a national retailer headquartered in New York City, with over sixteen hundred department stores across the United States. By Thursday, the company said it had reopened 500 stores.