Will Trumbull store survive latest round of JC Penney closings?
J.C. Penney announced plans Thursday to close 15 department stores nationally in addition to three already on the chopping block, as well as nine more home stores.
The company did not identify immediately the locations of JCPenney stores slated for closure, with the company having about 8
70 locations at last report including department stores at the Danbury Fair and Westfield Trumbull malls, Torrington Commons and the Brass Mill Center in Waterbury; as well as two more in the Hartford area.
Boscov’s took over a former JCPenney store at the Connecticut Post Mall in Milford after it was shuttered in 2017.
J.C. Penney lost $255 million last year as net sales sank 7 percent to below $11.7 billion. In October, J.C. Penney hired Jill Soltau as CEO, with Soltau previously CEO of Jo-Ann Stores and replacing Marvin Ellison who left to lead Lowe’s.
Alex.Soule@scni.com; 203-842-2545; @casoulman