J.C. Penney added another 15 stores to its planned closings list on top of the roughly 200 it was already closing, signaling that more retail space could be pouring onto the market as it negotiates with landlords in the wake of its operating arm getting bought through bankruptcy court by Simon Property Group and Brookfield Asset Management.
J.C. Penney Rejects More US Leases As It Weighs Agreements With Landlords
Retailer Still in Discussions With Certain Landlords, With Deadlines to Accept, Reject Leases by Jan. 10
CoStar News
December 21, 2020 | 9:38 P.M.
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IN THIS ARTICLE
- Properties
- JCPenney
43690 Ford Rd, Canton, MI
- JCPenney
651 Washington St, Sequim, WA
- Chestnut Hills
720 12th St, Murray, KY
- Enterprise Plaza
6140 University Dr, Huntsville, AL
- Cross County Mall
700 Broadway Ave, Mattoon, IL