Are any JCPenney stores closing in 2026?

Yes, JCPenney has already announced some store closures for early 2026, with the Pleasanton, California location at Stoneridge Shopping Center set to close in February 2026 due to lease issues, adding to a trend of retailers shrinking footprints as they focus on profitability, though they closed many more in 2025 as part of restructuring after bankruptcy.

Will JCPenney close stores in 2026?

Other department stores closing locations in 2026 include: JCPenney (Feb. 22, 2026) – Closing the Pleasanton, California store, per news station KRON-TV.

What stores are closing in 2026?

In 2026, several major retailers and restaurants are closing stores as part of strategic shifts, including Macy's, aiming for 150 closures total by year-end, along with significant downsizing from Kroger, Walgreens, Wendy's, and Carter's, focusing on profitability by shuttering underperforming locations, while chains like Noodles & Company and Saks Off 5th are also reducing footprints in response to market changes.
 

Which JCPenney stores will be closing permanently?

The stores slated for closure by May 25, 2025

• The Shops at Tanforan in San Bruno, California.
• The Shops At Northfield in Denver, Colorado.
• Pine Ridge Mall in Pocatello, Idaho.
• West Ridge Mall in Topeka, Kansas.
• Fox Run Mall in Newington, New Hampshire.
• Asheville Mall in Asheville, North Carolina.

Is JCPenney still in business in 2025?

It emerged from bankruptcy under the joint ownership of mall operators Simon Property Group and Brookfield Properties, later joined by Authentic Brands Group as a minority owner. In January 2025, JCPenney was combined with SPARC Group — Simon and Authentic's portfolio of legacy retail brands — to form Catalyst Brands.

7 Major Retail Chains Quietly Closing Stores in 2026 (The Hidden Collapse)

What big stores are going out of business in 2025?

These national and regional retailers went out of business in...

• Bargain Hunt. Bargain Hunt, a Nashville-based discount retailer, said in February that it would shutter all of its 92 stores in 10 states after declaring bankruptcy.
• Forever21. ...
• Joann Fabrics. ...
• Liberated Brands. ...
• Party City. ...
• Rite Aid. ...
• Sonder.

What store is merging with JCPenney?

SPARC Group Has Merged with JCPenney To Form Catalyst Brands. PLANO, Texas (Jan. 8, 2025) — JCPenney and SPARC Group today announced that they have combined to form a new organization, Catalyst Brands, creating an unmatched portfolio of six iconic retail banners that celebrate the essence of American style.

Is JCPenney making a comeback?

Yes, JCPenney is actively attempting a comeback with a multi-faceted strategy focusing on revitalized marketing, in-store upgrades, and leaning into value and nostalgia, showing early signs of momentum and slowing sales declines, though challenges remain, including recent store closures in some areas. They're using playful ads highlighting affordable, on-trend fashion, modernizing stores with better layouts, and investing in their online presence, aiming to reconnect with families and budget-conscious shoppers. 

Is Ross closing permanently in 2025?

Ross isn't Closing ,They're Expanding🤨🤨 STOP THE CAP!

How many JCPenney stores are left?

JCPenney currently operates around 640-650 stores across the U.S. and Puerto Rico, though specific numbers fluctuate with recent closures and property sales as part of its ongoing restructuring since the 2020 bankruptcy, with data from late 2025 pointing to about 646 locations remaining active, reports ScrapeHero and Wikipedia. The company continues to serve customers through these stores and online at jcpenney.com, with Texas having the most locations. 

Is Macy's closing in 2026?

Macy's is closing about 14 more underperforming stores in early 2026 as part of its "Bold New Chapter" plan to shut roughly 150 locations by 2026, continuing a strategy from 2024 to streamline operations and reinvest in strong stores, with recent closures affecting locations in states like California, New Jersey, Pennsylvania, and New Hampshire. The company is focusing on profitable growth by closing underperforming stores while upgrading its 350 "go-forward" locations, with liquidation sales starting in January 2026 for the latest set of closures. 

Why is Joann's closing?

Joann's closed due to a combination of heavy debt from private equity buyouts, declining sales post-pandemic, and intense competition from online sellers and rivals like Hobby Lobby and Michaels; these factors led to Chapter 11 bankruptcy filings and liquidation in 2025, shuttering all stores after a failed attempt to find a buyer, notes this NPR article, this Fortune article, and this Wikipedia article.
 

What 63 year old retailer is closing?

The 63-year-old retailer frequently mentioned in recent news is Rite Aid, the large drugstore chain that filed for bankruptcy twice, leading to the closure of all its remaining stores in late 2025, impacting thousands of locations and employees across the U.S. Another notable closure is DFS (Duty Free Shoppers), a 63-year-old luxury retailer, which exited the Hawaii market in early 2026 after decades of operation there, affecting travel retail.
 

What stores are going out of business in 2026?

In 2026, several major retailers and restaurants are closing stores as part of strategic shifts, including Macy's, aiming for 150 closures total by year-end, along with significant downsizing from Kroger, Walgreens, Wendy's, and Carter's, focusing on profitability by shuttering underperforming locations, while chains like Noodles & Company and Saks Off 5th are also reducing footprints in response to market changes.
 

Is Walgreens closing in 2026?

Kroger, Walgreens among stores closing locations in 2026

Among grocery and convenience stores with locations closing in 2026 are Kroger, Walgreens and Big Lots. In June, Kroger confirmed that it planned to close 60 locations across the country over the next 18 months.

Is Krogers closing down?

Kroger, the company behind Ralphs and Food 4 Less, plans to close 60 locations. Kroger, which owns California grocery chains Ralphs and Food 4 Less, will close 60 locations over the next 18 months.

Is Joann's closing in 2025?

Yes, Joann Fabrics closed all of its remaining stores by the end of May 2025 after filing for bankruptcy for the second time, with assets sold and liquidation sales underway. The closures followed a period of financial struggles, including increased online competition and declining sales, leading to the auctioning off of the entire business.
 

What's cheaper, TJ Maxx or Ross?

Generally, Ross is cheaper than TJ Maxx for basic items, focusing on lower price points, while TJ Maxx often has slightly higher starting prices but can offer more well-known brands, better-curated selections, and a wider variety in categories like home goods, though both are discount retailers that offer significant savings. 

What places are going out of business in 2025?

40 Once-Popular Chain Stores Most of Us Lost in 2025

Some chains closed down for good. Party City went away in February. Arts and crafts store Joann followed shortly after. Mall clothing retailer Forever 21 started winding down operations in all of its U.S. stores while going digital-only.

Are JCPenney stores closing permanently?

It emerged from bankruptcy in 2020 as a private company after being acquired by Simon Property Group and Brookfield Asset Management Inc. Under the rescue deal, JCPenney agreed to permanently close nearly a third of its 846 stores as part of its restructuring.

What is JCPenney's new name?

JCPenney merged with Sparc Group, the owner of Aéropostale, Brooks Brothers, etc., to create Catalyst Brands, a new retail powerhouse.

What will happen to JCPenney?

What we know. A Boston private equity firm, Onyx Partners, Ltd., is purchasing 119 JCPenney stores for $947 million. The sale involves net-lease stores, meaning Onyx Partners will be responsible for rent and operating expenses. This purchase comes after JCPenney's 2020 bankruptcy filing and subsequent restructuring.

What new brands is JCPenney carrying?

The retailer teamed up with Jenny Martinez, a chef and TikTok content creator, to expand her kitchen collection into bedding, bath and other home goods inspired by her hometown of Chapala, Mexico. The retailer is also bringing Laura Ashley's home line into stores.

Did Forever 21 buy JCPenney?

The parent company of fashion retailer Forever 21 has merged with JCPenney to form a brand new company called Catalyst Brands.

Does Shaq have ownership in JCPenney?

No, Shaquille O'Neal doesn't own JCPenney outright, but he is a significant investor in Authentic Brands Group (ABG), the company that owns JCPenney (along with brands like Forever 21, Reebok, and Barneys New York). His large stake in ABG gives him influence and a role in guiding the future of these brands, including JCPenney, where he also launched his big & tall clothing line.