Joann Fabrics' announcement that they were shutting down hundreds of stores rocked the country last week, especially following similar news from Big Lots, Macy's, Kohl's, JCPenney, and other ...

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Retailer JCPenney will permanently close eight stores in eight states this year. According to Axios, the department store revealed it would be shuttering eight out of 650 stores in 2025.

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A "handful" of JCPenney locations are soon to be closing, a company spokesperson said, adding to the retailer's long list of shuttered stores since it filed for bankruptcy in 2020. The ...