JCPenney to Close Eight Stores Across Eight States in 2025

The closures, set to occur by mid-year, are attributed to expiring leases and market shifts, unrelated to the recent Catalyst Brands merger.

JCPenney will close eight stores in 2025, with one location in each of eight states, including California, Colorado, Idaho, Kansas, Maryland, North Carolina, New Hampshire, and West Virginia.
The company cited reasons such as expiring lease agreements, market changes, and other business considerations for the closures.
The closures are not connected to JCPenney's recent merger with SPARC Group to form Catalyst Brands, a retail portfolio of six major brands.
JCPenney has reduced its store count significantly since filing for bankruptcy in 2020, shrinking from 850 stores to around 650.
The retail sector faces broader challenges, with increasing store closures driven by e-commerce competition, inflation, and changing consumer habits.