Bankrupted JCPenney announced the list of the 154 stores it plans to close this summer, with store closing sales kicking off June 12. It said it will announce additional closures in the coming weeks. "While closing stores is always an extremely difficult decision, our store optimization strategy is vital to ensuring we emerge from both Chapter 11 and the COVID-19 pandemic as a stronger retailer with greater financial flexibility to allow us to continue serving our loyal customers for decades to come," Chief Executive Jill Soltau said in a statement. JCPenney filed for Chapter 11 bankruptcy protection on May 15, and is now hoping to emerge as a smaller department store chain.

list of JCPenney Store Closings