A team of disposition firms consisting of Gordon Brothers, Hilco Merchant Resources, Great American Group and Tiger Group have commenced store closing sales at 137 J.C. Penney stores across the U.S. The closures are the company’s first step in implementing a planned store optimization strategy.
Throughout all closing stores, customers can take advantage of storewide discounts of 25-40% off original prices. All merchandise is on sale. All sales will be final starting June 25.
The stores are open Monday through Saturday from noon to 7 p.m. and Sundays from 11 a.m. to 6 p.m. The company will also offer designated shopping hours for at-risk customers on Wednesdays and Fridays from 11 a.m. to noon. At-risk customers include senior citizens, expectant mothers, and those with underlying health concerns.
J.C. Penney said it continues to move forward with its strategic reopening plan with nearly all stores now open nationwide.