REBusinessOnline

J.C. Penney to Close 13 Additional Stores As Chapter 11 Bankruptcy Continues

PLANO, TEXAS — J.C. Penney Co. has revealed the locations of 13 additional stores it will permanently close, including seven in Michigan, as part of its Chapter 11 bankruptcy filing. The Plano-based retailer says the other six locations set to close include two in Washington state, two in New York, one in California and one in Maryland. J.C. Penney filed for Chapter 11 protection on May 15 and unveiled a list of 154 stores in late May that were set to close. Multiple news outlets report that going-out-of-business sales at the 13 locations are expected to begin on or around July 3.

According to The Wall Street Journal, mall owner Simon Property Group is teaming up with shopping center owner Brookfield Property Partners to explore the possibility of acquiring J.C. Penney Co.

According to Business Insider, the 13 stores closing include:

  • 201 S. Washington St, Owosso, Michigan;
  • 125 S. Michigan Ave, Big Rapids, Michigan;
  • Bay City Town Center, 4129 E Wilder Road, Bay City, Michigan;
  • Greenville West Mall, 300 Greenville W. Drive, Greenville, Michigan;
  • Meridian Mall, 1982 W. Grand River Ave., Okemos, Michigan;
  • Mt. Pleasant Shopping Center, 2231 S. Mission Road, Mt Pleasant, Michigan;
  • Northtown Village, 1680 Wright Ave., Alma, Michigan;
  • Mall at Prince Georges, 3500 East-West Highway, Hyattsville, Maryland;
  • Omache Shopping Center, 715 Omache Drive, Omak, Washington;
  • Mid-Valley Mall, 2010 Yakima Valley Highway J-1, Sunnyside, Washington;
  • Poughkeepsie Galleria, 2001 South Road, Poughkeepsie, New York;
  • South Shore Mall, 1701 Sunrise Highway, Bay Shore, New York; and
  • Sun Valley Mall, 484 Sun Valley Mall, Concord, California.

 

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