Overview

• JCPenney will close seven mall-based stores on Sunday, May 25, 2025, across California, Colorado, Idaho, Kansas, New Hampshire, North Carolina, and West Virginia.
• The closures are due to factors such as expiring leases and market shifts, according to a company spokesperson.
• The Westfield Annapolis MallMaryland, previously planned for closure, will remain open through August 31, 2025, under an extended lease agreement.
• JCPenney clarified that the closures are not connected to its January 2025 merger into Catalyst Brands, which also includes Forever 21 and other apparel retailers.
• Catalyst Brands is undergoing structural optimizations, including a 9% reduction in corporate roles, as part of broader operational adjustments.