JCPenney Announces Closure Of Three Arizona Stores As Part Of Restructuring
On Thursday, JCPenney announced plans to close 154 stores nationwide as part of their restructuring. In May, the retailer filed for Chapter 11 bankruptcy protection, citing the economic downfall from the COVID-19 pandemic.
There are three stores in Arizona that are scheduled to be closed. The stores are located in Cottonwood, Phoenix, and Tucson.
Little Creek Center
1100-B Hwy 260 Cottonwood, AZ 86326
1727 W Bethany Home Rd., Phoenix, AZ 85015
El Con Shopping Center
3501 E Broadway Blvd., Tucson, AZ 85716
“While closing stores is always an extremely difficult decision, our store optimization strategy is vital to ensuring we emerge from both Chapter 11 and the COVID-19 pandemic as a stronger retailer with greater financial flexibility to allow us to continue serving our loyal customers for decades to come,” said Jill Soltau, chief executive officer of JCPenney, in a statement. “I am incredibly grateful to our talented associates for their ongoing dedication and their passion for meeting and exceeding our customers’ expectations during this difficult and uncertain time. All impacted associates will be treated with the utmost consideration and respect.”
Click here to view a list of the stores closing in other state.