These Brands Are Closing Down And We Are Not Ready For It

J.C. Penney

J.C. Penney has maintained its place as a staple mall for years, but, like many stores, it has seen a drop in revenue in the past few months. Since having endured a dry spell during the holiday season and a fall in its stock value, the company eventually revealed that it will shut down 18 of its department stores in 2020. It also will shut 9 of its furniture stores, taking the total number of store closures to 27.

J.C. Penney