jcpenney stores closing in arizona


  • Is JCPenney closing in Arizona?

    PHOENIX — In June, JCPenney announced that it would close 150 stores part of its bankruptcy and restructuring plan, including three stores in Arizona.
  • What happened with JCPenney?

    JCPenney's debt of about $4 billion forced it into bankruptcy in May 2020. It now has $485 million in long-term debt and liquidity of $1.5 billion. Long-term debt was reduced by $500 million in December 2021.
  • Is JCPenney back in business?

    JCPenney has around 670 stores today and has little debt for the first time in years. The company is owned by mall landlords Simon Property Group (SPG) and Brookfield Asset Management (BAM). The two firms rescued JCPenney out of bankruptcy for $1.75 billion in the fall of 2020.
  • J.C. Penney's sales have stayed relatively steady since 2021, but profits are declining. Net sales, in billions, and net income or loss, in millions, from the first quarter of 2021 to the third quarter of 2022.
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JCPenney Announces Closure Of Three Arizona Stores As Part Of

JCPenney Announces Closure Of Three Arizona Stores As Part Of


JCPenney to close 150+ stores including 3 Arizona locations

JCPenney to close 150+ stores including 3 Arizona locations


Arizona impact unclear as JC Penney closes stores

Arizona impact unclear as JC Penney closes stores


JCPenney to close 150+ stores including 3 Arizona locations

JCPenney to close 150+ stores including 3 Arizona locations


8 Reasons Jcpenney Is Closing Many Of Its Stores All Time Lists

8 Reasons Jcpenney Is Closing Many Of Its Stores All Time Lists


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JCPenney Closing 15 Outlet Stores in 14 States-Real Estate Daily News


JCPenney Announces Closure Of Three Arizona Stores As Part Of

JCPenney Announces Closure Of Three Arizona Stores As Part Of


Arizona impact unclear as JC Penney closes stores

Arizona impact unclear as JC Penney closes stores


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JCPenney closing 138 stores; See the full list


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Arizona location among 138 JC Penney store closures


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JCPenney - Wikiwand


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8 Reasons Jcpenney Is Closing Many Of Its Stores All Time Lists


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