JCPenney has announced it is closing 154 stores across the U.S., including four in Minnesota.
The big box retailer is the latest to announce store closures amid ongoing business woes relating to the pandemic, announcing the closures ahead of a hearing at bankruptcy court on June 11.
The closures include the following stores in Minnesota:
- Riverdale Village, Coon Rapids.
- Eden Prairie Center.
- Grove Square Shopping Center, Maple Grove.
- Kandi Mall, Willmar.
Store closure sales will get underway at the closing stores in the coming weeks, and will last through the summer.
While the pandemic has exacerbated the financial situations of many retailers, major legacy department stores such as JCPenney have been struggling since before it arrived, shutting down Minnesota stores including the anchor location at the Southdale Center, which is now a LifeTime Fitness.
"While closing stores is always an extremely difficult 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,” said Jill Soltau, JCPenney CEO.
"I am incredibly grateful to our talented associates for their ongoing dedication and their passion for meeting and exceeding our customers’ expectations during this difficult and uncertain time. All impacted associates will be treated with the utmost consideration and respect."