Beloved retail chains continue closing stores nationwide, hundreds face layoffs

In another wave of retail store closures, this iconic discount brand has announced it will close stores by year's end.
Orange County Business Journal

Westminster Mall Stores Close with Redevelopment Up in the Air

The JCPenney anchor will remain open to the public through Nov. 16 and will shut down by Nov. 21, according to a Worker ...

JCPenney borrows bold Macy’s strategy to boost holiday sales

JCPenney secured $450 million in financing while restructuring operations. It was eventually acquired by Simon Property Group (SPG) and Brookfield Asset Management (BAM) for $1.75 billion, ...
FOX 9 Minneapolis-St. Paul

Carter's closing 150 stores, reducing office workforce by 15%

Popular children's clothing retailer Carter’s revealed it will be closing 150 stores and reducing 15% of its office-based ...

Buyer backs out in sale of old JCPenney building in downtown Salem

The investor set to buy the vacant JCPenney building in downtown Salem announced Oct. 27 it will not move forward with the ...