JCPenney delays plans to close over 100 stores
Change of plans for JCPenney involving it’s store closures.
JCPenney announced it is delaying plans to close 138 stores amid an increase in shoppers.
Since announcing the closures, the locations slated to close have seen better than expected sales.
So, the retailer now feels it is advantageous to continue selling through the spring and summer season at current promotion levels and push back liquidation sales until May 22nd rather than April 17th.
Store closures have also been pushed back by six weeks to July 31st.