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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.
Macon, Dublin, Milledgeville, Tifton among 138 closing J.C. Penney stores. CONNECT TWEET GOOGLE+ PINTEREST. Nathan Bomey, USA TODAY. J.C. Penney on Friday released a list of 138 department stores it plans to close as part of a previously announced plan to shrink its footprint as it grapples with industry challenges.