JCPenney closing stores across the country. Are any in Ohio? See ...
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Watch the JCPenney store demolition take place at Northridge Mall
Veit & Company began demolition of the former Northridge Mall JCPenney store this week. The City of Milwaukee expects the remaining mall to be demolished by mid-summer.
JCPenney will be joining Macy's and Kohl's in closing locations nationwide in 2025.
The Texas-based retailer confirmed to Axios that it will close stores in eight states in a move unrelated to its merger that formed Catalyst Brands in January.
Will Ohio see any JCPenney closures? Here's the complete list.
JCPenney store closings list
SB360 Capital Partners, which has managed liquidation sales at other store closings, per Axios, posted on its website that the following JCPenney stores will close:
- California: 1122 El Camino Real, San Bruno
- Colorado: 8568 E. 49th Ave., Denver
- Idaho: 4201 Yellowstone Ave., Pocatello
- Kansas: 1821 SW Wanamaker Road, Topeka
- Maryland: 1695 Annapolis Mall Road, Annapolis
- North Carolina: 3 S. Tunnel Road, Asheville
- New Hampshire: 50 Fox Run Road, Newington
- West Virginia: 401 Lee St. E, Charleston
According to the Asheville Citizen Times, part of the USA TODAY network, the Asheville store will close by May 25. The publication says two North Carolina locations have already closed, and another four will shut down in 2025. They are:
- 4217 Six Forks Road Suite 100, Raleigh
- 1305 E Broad Avenue Ste 13, Rockingham
- 2910 N Elm St., Lumberton
- 3100 Dr. M.L.K. Jr Blvd. Ste 29, New Bern
The Portsmouth Herald, also part of the USA TODAY network, reports that the Newington, New Hampshire, store also will close May 25. According to the publication, the JCPenney space at the Mall at Fox Run recently was sold to Torrington Properties, which now owns the entire mall.
How may JCPenney stores are in Ohio?
JCPenney has 25 stores in Ohio, according to its website. They are:
- Akron: 3742 Brookwall Drive
- Avon: 1301 Center Road
- Canton: 4300 Tuscarawas St. W.
- Centerville: 2700 Miamisburg-Centerville Road
- Chillicothe: 1075 N. Bridge St.
- Cincinnati: 4621 Eastgate Blvd.
- Columbus: 1450 Polaris Pkwy.
- Dayton: 2727 Fairfield Commons Blvd.
- Dublin: 5083 Tuttle Crossing Blvd.
- Hamilton: 3459 Princeton Road
- Heath: 771 S. 30th St.
- Lancaster: 1600 River Valley Circle N.
- Lima: 2400 Elida Road
- Mansfield: 658 Richland Mall
- Maumee: 3100 Main St.
- Mentor: 7850 Mentor Ave.
- Niles: 5555 Youngstown-Warren Road
- North Olmstead: 5100 Great Northern Mall
- Northgate: 3675 Stone Creek Blvd.
- Sandusky: 4316 Milan Road
- Steubenville: 100 Mall Drive
- Strongsville: 17177 Royalton Road
- Toledo: 5001 Monroe St.
- Youngstown: 7401 Market St.
- Zanesville: 3575 Maple Ave.
JCPenney merges with Forever 21's parent company Sparc Group to create Catalyst Brands
The parent company of fashion retailer Forever 21 has merged with JCPenney to form Catalyst Brands, according to USA TODAY.
Sparc Group, which owns Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, and Nautica, announced the merger with JCPenney in January. The merger includes department store chain's exclusive private brands, including Stafford, Arizona and Liz Claiborne.
Catalyst Brands launched with more than $9 billion of revenue, 1,800 store locations, 60,000 employees and $1 billion of liquidity, the company said in a news release. Other shareholders in the venture include shopping malls owner Simon Property Group; global investment firm Brookfield Corporation; brand management company Authentic Brands Group; and clothing retail company Shein.
JCPenney filed for bankruptcy in 2020
In May 2020, JCPenney filed for Chapter 11 bankruptcy protection, per Axios, and closed around 200 locations. The company emerged from bankruptcy after it was acquired by Simon Property Group and Brookfield Asset Management Inc.