Many folks are hitting the road this holiday weekend. Here is a handy guide to help you find low-cost gas while traveling through Alabama’s 67 counties.
More Store Closures From JC Penney By 2021: Is Your Location On The List?
12/18/20 AT 7:49 AM Signage is displayed at the entrance of a JC Penney department store inside the Manhattan Mall on May 15, 2017, in New York City. Photo: Drew Angerer/Getty Images
More store closings are on the horizon for JC Penny despite emerging from bankruptcy under the new ownership of mall owners Simon Property Group and Brookfield Asset Management Inc.
The department store retailer will close 15 more stores by the end of March 2021 after shuttering more than 150 locations since it filed bankruptcy in May, USA Today reported.
JC Penney entered a turnaround plan under the leadership of CEO Jill Soltau back in August 2019, but it wasn’t enough to save the retailer from its financial woes. The company’s lagging sales coupled with mounting debt was only further compounded by temporary store shutdowns during the coronavirus pandemic, which eventually forced it into Chapter 11.
JC Penney to close Temple Mall store in spring kdhnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kdhnews.com Daily Mail and Mail on Sunday newspapers.