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JC Penney closing 154 stores in first post-bankruptcy phase, 4 in New Hampshire

An empty parking lot, due to stores closed from the COVID-19 virus outbreak, at an entrance to the JC Penny store at the Mall of New Hampshire in Manchester, New Hampshire, Friday, May 1, 2020. (AP Photo/Charles Krupa)

Charles Krupa

An empty parking lot, due to stores closed from the COVID-19 virus outbreak, at an entrance to the JC Penny store at the Mall of New Hampshire in Manchester, New Hampshire, Friday, May 1, 2020. (AP Photo/Charles Krupa)

SOURCE: Charles Krupa

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JC Penney closing 154 stores in first post-bankruptcy phase, 4 in New Hampshire

J.C. Penney said Thursday that it will start closing 154 of its stores next week in what it is calling the first phase of its efforts to shrink its footprint.>> Download the FREE WMUR app The Plano, Texas-based retailer said it could take about 10 to 16 weeks to complete the closures. A list of the stores closing was published on Penney’s website.>> Find full list of stores closing Penney filed for bankruptcy protection last month, making it the biggest retailer to do since the coronavirus pandemic forced non-essential stores to be shut down temporarily. J.Crew and Neiman Marcus sought bankruptcy protection days before J.C. Penney. All three were laden with debt and had trouble connecting with shoppers, who are increasingly skipping the mall and shopping online. As part of its bankruptcy reorganization, Penney said it planned to permanently close nearly a third of its 846 stores in the next two years. That would leave it with just over 600 locations.Locations closing in NH:Mountain Street Shopping Center381 West StKeene, NH 03431603-352-2166 Mountain Valley MallState Hwy 16 & Rt 302North Conway, NH 03860603-356-0147Lilac Mall25 Lilac Mall (Rt 125)Rochester, NH 03867603-332-9125Upper Valley Plaza250 Plainfield Rd, Unit 202West Lebanon, NH 03784603-298-5971

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J.C. Penney said Thursday that it will start closing 154 of its stores next week in what it is calling the first phase of its efforts to shrink its footprint.

>> Download the FREE WMUR app

The Plano, Texas-based retailer said it could take about 10 to 16 weeks to complete the closures. A list of the stores closing was published on Penney’s website.

>> Find full list of stores closing

Penney filed for bankruptcy protection last month, making it the biggest retailer to do since the coronavirus pandemic forced non-essential stores to be shut down temporarily. J.Crew and Neiman Marcus sought bankruptcy protection days before J.C. Penney. All three were laden with debt and had trouble connecting with shoppers, who are increasingly skipping the mall and shopping online.

As part of its bankruptcy reorganization, Penney said it planned to permanently close nearly a third of its 846 stores in the next two years. That would leave it with just over 600 locations.

Locations closing in NH:

Mountain Street Shopping Center
381 West St
Keene, NH 03431
603-352-2166

Mountain Valley Mall
State Hwy 16 & Rt 302
North Conway, NH 03860
603-356-0147

Lilac Mall
25 Lilac Mall (Rt 125)
Rochester, NH 03867
603-332-9125

Upper Valley Plaza
250 Plainfield Rd, Unit 202
West Lebanon, NH 03784
603-298-5971

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