J.C. Penney
J.C. Penney was a mall staple for several years, although it has also suffered a decline in its sales over the past several months. It dealt with a dry spell in the holiday season and saw a decrease in stock value. These things made the company announce the closure of 18 department stores in 2020. Not only that, but it is also planning to shut down 9 furniture stores. This means that it will close a total of 27 locations.
J.C. Penney
Z Gallerie
Z Gallerie is an upscale home furniture company. It is on the list of retailers that filed for bankruptcy as of late. Reports claim that the company is trying to look for a buyer that can save its fate. Until then, the company is shutting down 17 stores, which makes up about 20 percent of its stores across the country.
Z Gallerie
