News

JCPenney will close eight stores across the US by mid-2025, primarily in malls and town centers. The closures are due to ...
JCPenney is the latest department store to be feeling the economic pinch in 2025. The anchor store at many nationwide malls ...
The anchor store at many nationwide malls will ... locations," the statement read while noting that other JCPenney locations and their online site would continue to serve these communities.
The future of in-store shopping seems bleak, and the Trump administration’s tariffs on goods from major trade partners like ...
The JCPenney closures come as a number of large retailers have been consolidating, closing down multiple locations or filing ...
The property, which was put up for auction back in February with a starting bid of $6 million, was sold for over three times that amount, totaling $22.3 million, according to court records.
Closures are happening across several shopping verticals as brick-and-mortar sales remain down for many companies.
The King of Prussia Mall is nearing a deal to bring new retail and entertainment concepts to the former JCPenney department store ... Most recently in June 2022, online furniture and home goods ...
Since 2004, retail establishment growth has lagged behind the broader economy. As of mid-2024, the total number of U.S. businesses has grown by 49.4% over that 20 year period, while retail ...
Once seen as a fading industry, brick-and-mortar retail is showing real momentum. Despite years of pressure from e-commerce, ...
One "Recession Pop" Spotify playlist description reads: "2007-2010 pop music that made you forget about the economy." ...