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JCPenney cuts prices up to 40 percent as liquidation sales begin

The company will initially close 137 stores after filing for bankruptcy protection

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Photo (c) ablokhin - Getty Images
JCPenney has begun liquidation sales at the 137 stores it plans to close in the first wave of its reorganization. The company says it is offering discounts from 25 percent to 40 percent on all merchandise.

The retailer, in financial trouble before the coronavirus (COVID-19) pandemic, filed for Chapter 11 bankruptcy protection last month. Other stores not slated for closing continue to reopen across the country.

JCPenney has assembled a team of disposition firms to handle the sale. Those companies include Gordon Brothers, Hilco Merchant Resources, Great American Group, and Tiger Group.

The store closings are part of JCPenney’s plan to reduce its store footprint and focus resources on its strongest stores and eCommerce channel, jcp.com. While everything is marked down, the company says the deepest discounts -- up to 40 percent -- will be reserved for jewelry and window treatments.

“Due to the name recognition and goodwill of this brand, we encourage consumers to shop early to take advantage of the best selection of products as we expect merchandise to sell very quickly,” a spokesman for the disposition team said. “JCPenney store associates remain committed to providing customers with an engaging shopping experience while offering even better deals on the most popular merchandise.”

The retailer had already closed a number of stores as it fought a rising tide of red ink. The decision to close the 137 stores was part of an agreement with the company’s lenders.

Here is the list of the stores that are holding liquidation sales and permanently closing, listed by state: 

Alabama 

  • Andalusia: Covington Mall, 922 River Falls St.

  • Florence: Regency Square, 301 Cox Creek Parkway

  • Scottsboro: Jackson Square, 1601 S Broad

Arizona

  • Cottonwood: Little Creek Center, 1100-B Highway 260

  • Tucson: El Con Shopping Center, 3501 E Broadway

Arkansas

  • Batesville: Independence Center, 475 S St. Louis St.

  • Conway: Conway Towne Center, 201 Skyline Drive

  • El Dorado: Mellor Park Mall, 1845 N West Ave.

  • Harrison: The Fashion Center, 814 U.S. Highway 62-65 N

California

  • Delano: 1228 Main St.

  • Los Banos: San Luis Plaza, 951 W Pacheco Blvd.

  • Paso Robles: Woodland Plaza, 120 Niblick Road

  • San Bernardino: Inland Center, 300 Inland Center

  • Tracy: West Valley Mall, 3100 Naglee Road

  • Yreka: Yreka Junction Mall, 1810 Fort Jones Road

Colorado

  • Durango: Durango Mall, 800 S Camino Del Rio

  • Fort Collins: 135 Bockman Drive

Connecticut

  • Torrington: Torrington Commons, 251 High St.

Florida 

  • Bradenton: Desoto Square Mall, 303 301 Blvd. W

  • Cape Coral: Coralwood Shopping Center, 2301 Del Prado Blvd.

  • Jacksonville: Regency Square Mall, 9501 Arlington Expressway

  • Lake Wales: Eagle Ridge Mall, 501 Eagle Ridge Drive

  • Mary Esther: Santa Rosa Shopping Center, 300 Mary Esther Blvd.

  • Orlando: Orlando Fashion Square, 3115 E Colonial Drive

  • Sebring: Lakeshore Mall, 901 U.S. 27 N

Georgia

  • Athens: Georgia Square, 3700 Atlanta Highway

  • Atlanta: Northlake Mall, 4840 Briarcliff Road NE

  • Douglasville: Arbor Place Mall, 6650 Douglas Blvd.

  • Gainesville: Lakeshore Mall, 150 Pearl Nix Parkway

  • Rome: Mount Berry Mall 300 Mount Berry Square NE

  • Statesboro: Statesboro Mall, 325 Northside Drive E

  • Waycross: Hatcher Point Mall, 2215 Memorial Drive

Idaho 

  • Lewiston: Lewiston Shopping Center, 1826 19th Ave.

  • Ponderay: Bonner Mall, 300 Bonner Mall Way

Illinois 

  • Bourbonnais: Northfield Square, 1600 N State Route 50

  • Carbondale: University Mall, 1201 E Main

  • Freeport: Freeport Mall, 1810 S West Ave.

  • Mount Vernon: Times Square Mall, 115 Times Square Mall

Indiana

  • Bedford: Bedford Town Fair, 1118 James Ave.

  • Indianapolis: NW Pavilion at Michigan Road, 8752 Michigan Road

  • Kokomo: Kokomo Mall, 1718 E Blvd.

  • Madison: River Point Mall, 435 E Clifty Drive

  • Muncie: Muncie Mall, 3501 Granville Ave.

  • Plymouth: Pilgrim Place Mall, 1350 Pilgrim Lane

  • Richmond: Richmond Square, 4199 National Road E

  • Vincennes: Vincennes Plaza, 640 Niblack Blvd.

Iowa 

  • Carroll: 504 N Adams St.

  • Marshalltown: Marshalltown Mall, 2500 Shopping Center St.

Kansas

  • Emporia: Flint Hills Village, 1678 Industrial Road

  • Liberal: Liberal Plaza, 1513 N Kansas Ave.

  • Salina: Central Mall, 2259 S 9th St.

Kentucky

  • Campbellsville: Green River Plaza, 399 Campbellsville Bypass

  • Danville: Danville Manor Shopping Center, 1560 Houstonville Road

  • Hopkinsville: Bradford Square, 4000 Fort Campbell Blvd.

  • Maysville: Market Square, U.S. 68 S and AA Highway

  • Middlesboro: Middlesboro Mall, 905 N 12th St.

  • Owensboro: Town Square Mall, 5000 Frederica St.

Louisiana 

  • Lafayette: Acadiana Mall, 5725 Johnston St.

  • Metairie: Lakeside Shopping Center, 3301 Veterans Memorial Blvd.

Maryland

  • Lanham: Woodmore Towne Center at Glen, 9100 McHugh Drive

  • La Vale: Country Club Mall, 1262 Vocke Road

Michigan 

  • Alpena: Alpena Mall, 2338 U.S. 23 S

  • Cadillac: Cadillac Shopping Center, 1550 N Mitchell St.

  • Petoskey: 408 E Mitchell St

Minnesota

  • Eden Prairie: Eden Prairie Center, 8201 Flying Cloud Drive

  • Maple Grove: Grove Square Shopping Center, 13701 Grove Drive

  • Willmar: Kandi Mall, 1605 South First St.

Mississippi

  • Laurel: Sawmill Square Mall, 910 Sawmill Road

  • Starkville: Starkville Crossing, 864 Highway 12 W

Missouri

  • Independence: Bolger Square, 17610 E 39th St. S

  • Kirksville: Kirksville Shopping Center, 2206 S Baltimore St.

Montana

  • Bozeman: Gallatin Valley Mall, 2825 W Main St.

Nebraska

  • Grand Island: Conestoga Mall, 3404 W 13th St.

New Hampshire

  • Keene: West Street Shopping Center, 381 West St.

  • North Conway: Mountain Valley Mall, State Highway 16 and Route 302

  • Rochester: Lilac Mall, 25 Lilac Mall (Route 125)

  • West Lebanon: Upper Valley Plaza, 250 Plainfield Road

New Mexico

  • Alamogordo: White Sands Mall, 3199 N White Sands Blvd.

New York 

  • Auburn: Finger Lakes Mall, 1579 Clark Street Road

  • Batavia: Batavia City Centre, 40 Batavia City Center

  • Canandaigua: Roseland Shopping Center, 3225 State Route 364

  • New Hartford: Sangertown Square Mall, 1 Sangertown Square

  • Rome: Freedom Mall, 205 Erie Blvd. W

  • Syracuse: Destiny USA, 9559 Destiny USA Drive

  • Valley Stream: Green Acres Mall, 1051 Green Acres Mall

North Carolina

  • Henderson: Henderson Square, 380 N Cooper Drive

  • Lumberton: Biggs Park Shopping Center, 2910 N Elm St.

  • New Bern: Twin Rivers Mall, 3100 M L King Jr Blvd.

  • Raleigh: North Hills Shopping Center, 4217 Six Forks Road

  • Rockingham: Richmond Plaza, 1305 E Broad Ave

Ohio 

  • Akron: Chapel Hill Mall, 2000 Brittain Road

  • Akron: Tri County Plaza, 1500 Canton Road

  • Alliance: Carnation Mall, 2500 W State St.

  • Ashtabula: Ashtabula Mall, 3315 N Ridge Road E

  • Cincinnati: Governors Plaza, 9365 Fields Ertel Road

  • Defiance: Northtowne Mall, 1500 N Clinton St.

  • East Liverpool: Summit Square Shopping Center, 16280 Dresden Ave.

  • Parma: The Shoppes At Parma, 7900 Day Drive

  • Piqua: Miami Valley Mall, 987 E Ash St.

Oklahoma 

  • Enid: Oakwood Mall, 4125 W Owen K Garriott Road

  • McAlester: Tandy Town Shopping Center, 1744 E Carl Albert Parkway

  • Muskogee: Arrowhead Mall, 501 N Main St.

  • Shawnee: Shawnee Mall, 4901 N Kickapoo Ave.

  • Tulsa: Tulsa Promenade, 4101 S Yale Ave.

Oregon 

  • Bend: Cascade Village, 63455 N Highway 97

  • McMinnville: McMinnville Plaza, 2180 NE Highway 99 W

  • Roseburg: Garden Valley Mall, 780 NW Garden Valley Blvd.

  • Salem: Salem Center, 305 Liberty St. NE

Pennsylvania

  • Butler: Clearview Mall, 101 Clearview Circle

  • Hanover: North Hanover Mall, 1155 Carlisle St.

  • Monaca: Beaver Valley Mall, 200 Beaver Valley Mall

  • Monroeville: Monroeville Mall, 500 Monroeville Mall

  • Tarentum: Galleria at Pittsburgh Mills, 167 Pittsburgh Mill Circle

South Carolina 

  • Beaufort: Cross Creek Mall, 328 Robert Smalls Parkway

  • Florence: Magnolia Mall, 2701 David H McLeod Blvd.

  • Myrtle Beach: Myrtle Beach Mall, 10177 N Kings Highway

  • Orangeburg: Prince of Orange Mall, 2390 Chestnut St.

  • Rock Hill: Rock Hill Galleria, 2321 Dave Lyle Blvd.

South Dakota

  • Brookings: University Mall, 990 22nd Ave. S

Tennessee 

  • Cleveland: Bradley Square, 200 Paul Huff Parkway NW

  • Columbia: Columbia Mall, 800 S James Campbell Blvd.

  • Dyersburg: Dyersburg Mall, 2700 Lake Road

  • Kingsport: Kingsport Town Center, 2101 Fort Henry Drive

  • Maryville: Foothills Mall, 101 Foothills Mall

  • McMinnville: Three Star Mall, 1410 Sparta St.

Texas 

  • Greenville: Crossroads Mall, 6834 Wesley St.

  • Huntsville: West Hills Mall, 2 Financial Plaza

  • Lewisville: Music City Mall, 2401 S Stemmons Fairway

  • Lufkin: Lufkin Shopping Center, 4600 S Medford Drive

  • Palestine: Palestine Mall, 1930 S Loop 256

  • Paris: Mirabeau Square, 3560 Lamar Ave. Highway 82

Utah 

  • Layton: Layton Hills Mall, 1201 N Hill Field Road

  • Logan: Cache Valley Mall, 1350 N Main St.

Vermont 

  • Bennington: Bennington Square, 99 Bennington Square

  • Berlin: Berlin Mall, 282 Berlin Mall Road

Virginia 

  • Danville: Danville Mall, 325 Piedmont Drive

  • Staunton: Colonial Mall, 90 Lee Jackson Highway

 

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