JCPenney Is Closing These 138 Stores: Texas, Minnesota Hit Hardest

Struggling department-store chain JCPenney (JCP) on Friday released a list of 138 upcoming store closures as part of a previously-announced plan Opens a New Window. to kick start growth and turn more focus to its e-commerce platforms. With closures slated for 41 states, the biggest cuts are set to take place in Texas where the company plans to shutter nine of its retail locations, and Minnesota – where eight stores will go dark. -- More...