JCPenney confirmed to Axios that it is closing more stores this year in a move “unrelated to the recent Catalyst Brands merger.”. Why it matters: Approximately 15,000 store closures are expected this year, more than double the 7,325 stores that closed in 2024, according to Coresight Research.
https://www.axios.com/2025/02/11/jcpenney-closing-stores-2025-list

