Large Corporations Have Been Closing Down Their Stores Across The Country

J.C. Penney

J.C. Penney has been a mall fixture for many years, but its sales have been declining in recent months. Furthermore, it had a dry spell throughout the Christmas season and witnessed a drop in stock value. As a result of these factors, the firm announced the closure of 18 department shops in 2020. Not only that, but it also intends to close nine furniture shops. This implies that a total of 27 sites will be closed.

J.C. Penney