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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.
JC Penney closing 138 stores, 4 in Alabama: Complete list of closing locations. Posted on March 17, 2017 at 10:26 AM. JC Penney announced Friday it is closing 138 stores, including two in Alabama.Leada Gore | lgore@al.com. JC Penney is closing 138 stores, including four locations in Alabama, the retail chain announced Friday.