J.C. Penney
JCPenney liquidated an estimate of one hundred fifty of its branches last year and announced that they would seize the operations of fifteen more stores. JCPenney’s official statement was, “As part of our shop optimization approach, which began in June with our financial restructuring, we have planned to close an additional 15 locations. Liquidation sales will begin towards the end of this month, and the stores will close to the general public in mid- to late March.”
J.C. Penney
Francesca’s
Francesca announced last November 2020 about its plans to shut down an estimate of 140 stores on or before January 31, 2021. Francesca’s filed for Chapter 11 bankruptcy last December and was set on selling the company together with its physical stores. USA Today reported that the company had 558 branches but had “plans to renegotiate a number of leases throughout this period, which may include closing new boutiques.”
Francesca’s
