Jcpenney Closing Stores In 2024 In India. Jcpenney says it plans to funnel $1 billion back into the business by fiscal 2025 to redo its website and app, carry out store upgrades and create a new inventory. Apjcpenney is closing stores.jcpenney has released a list of 138 stores it will close in the next couple of months because of slowing traffic and sales.the stores
The closures represent nearly 4% of the company’s 1,060 stores. It filed for chapter 11 bankruptcy on may 15.
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