This week was a tough week for consumers. Both JCPenney and Joann Fabrics and Crafts announced they would be closing stores.

Retailer JCPenney will permanently close eight stores in eight states this year. According to Axios, the department store revealed it would be shuttering eight out of 650 stores in 2025.

JCPenney will be closing eight more stores this year after filing for bankruptcy in 2020. This news comes after another retailer, Joann Fabric, announced it would be closing 500 stores nationwide.

“While we do not have plans to significantly reduce our store count, we expect a handful of JCPenney stores to close by mid-year,” a spokesperson for JCPenney said. “The decision to close a ...

JCPenney has joined the ranks of other retailers such as Joann and Kohl’s announcing store closures in 2025. This week, Joann announced the closure of 500 locations in 49 states and JCPenney ...

Joann Fabrics is the latest retailer planning to close stores, joining Big Lots, Macy's, Kohl's, JCPenney and more. See the stores closing in 2025.

JCPenney will close eight locations this year, a company spokesperson said, adding to the list of more than 200 closures since the company filed for bankruptcy five years ago. JCPenney announced ...

“While we do not have plans to significantly reduce our store count, we expect a handful of JCPenney stores to close by mid-year,” the company said in a statement. JCPenney emerged from ...

Another day. Another announcement about store closings. JCPenney announced Thursday it will close eight locations this year, adding to the list of more than 200 closures planned. Earlier this week ...