STATEN ISLAND, N.Y. — Department store retailer JCPenney will shutter eight stores across as many states, Axios has reported.
According to a statement provided by the company, locations in California, Colorado, Idaho, Kansas, Maryland, North Carolina, New Hampshire and West Virginia are expected to shutter by the middle of the year.
“While we do not have plans to significantly reduce our store count, we expect a handful of JCPenney stores to close by mid-year,” a company spokesperson said in a statement to Axios. “The decision to close a store is never an easy one, but isolated closures do happen from time to time due to expiring lease agreements, market changes or other factors.”…