JCPenney is closing more store... Note
Fast Company

JCPenney is closing more stores as malls struggle: See a list of doomed locations for 2026

The retail landscape is complex, with conflicting reports about shopping malls, but many are struggling with low traffic and vacancies. JCPenney, a former mall anchor, is acutely feeling these shifts with numerous store closures. Several JCPenney locations have already closed in 2026, including a prominent store in Chicago's Ford City Mall. At least six JCPenney stores across six states have closed or are slated for closure this year. One specific location in Pittsburgh is expected to close in September. The company has significantly reduced its national footprint in recent years. JCPenney, founded in 1902, once operated over 2,000 stores but has seen a decline since a 2020 bankruptcy filing. The chain is now privately held by Catalyst Brands with a much smaller presence. The closure of JCPenney stores often evokes emotional responses and tributes from communities online. Currently, JCPenney operates 641 stores, down from 846 at the start of 2020.
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