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J.C. Penney Co. will close 40 stores over the next year, the company announced Thursday. The closures represent nearly 4% of J.C. Penney's 1,060 stores.
Here are the 39 locations J.C. Penney is closing. J.C. Penney (JCP) said Thursday it will close 39 stores this spring and lay off 2,250 workers. The news comes just days after the department-store chain reported stronger-than-expected holiday sales numbers. Shares soared 20 percent Wednesday in response to the holiday performance as investors rushed to grab a stake in the company's turnaround.