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The store closures affect locations in Montana, North Carolina, New York, Ohio, Oklahoma, and South Carolina.
JCPenney is closing a customer service center in Kansas and cutting more than 200 jobs after disappointing holiday sales
JCPenney spokeswoman Kristen Bennett confirmed the closure and said other JCPenney businesses in the area will not be impacted.
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"We're excited by the momentum in our business over the holiday period," Calvin McDonald, Lululemon CEO, said.
The reports came after a shaky end of 2019, when a number of retailers cut full-year profit outlooks ahead of the important holiday shopping season.
2019 was a tumultuous year for the retail industry. Looking ahead, we spoke with experts who gave us predictions for 2020 in retail and beyond.
"Thanksgiving is a day of giving thanks, not a day for corporate capitalism," one person wrote on Twitter this week.
JCPenney opened a new store with fitness classes, personal styling, and a barbershop, and it’s unlike anything else we’ve seen from the br...
JCPenney opened a new concept store in Texas that will function as an experimental "lab" to help assist the company's ambitious turnaround plan.
"We are beginning to see results – both in our numbers and how we operate as a business," said JCPenney CEO Jill Soltau.
Olympia Sports recently said it plans to close half its stores. Sears, Kmart, Party City, and Walmart have also announced closings.