Retail stores that are closing in 2020

Is your favorite retailer going out of business this year?

J.C. Penney

Credit: Flickr / Steven Miller

Due to struggling sales in recent months that has been made worse by the coronavirus shutdown, the department store chain filed for Chapter 11 bankruptcy in May and announced that it would be closing 242 stores or about a quarter of all its locations in 2020. Also, after 91 years, it was delisted from the New York Stock Exchange in the same month.

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