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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.
Which J.C. Penney stores are closing: Company releases list of stores to be shuttered. Which J.C. Penney stores are closing: Company releases list of stores to be shuttered. Mark Lennihan FILE - This Tuesday, April 9, 2013, file photo shows a J.C. Penney store in New York. J.C. Penney reports earnings Friday, Nov. 11, 2016. J.C. Penney announced in February it would be closing between 130-140 stores in the coming months.