J.C. Penney Co. Inc. (NYSE: JCP), one of a handful of struggling retail chains that filed for Chapter 11 bankruptcy protection last month, will shutter seven stores in Texas as part of a broad restructuring plan.
The Plano, Texas-based retailer on June 4 released the list of 154 stores it plans to shutter in the first wave of closings; more are expected in the coming weeks, CNBC reports.
Here's the full list of Texas stores slated for closure:
- Timber Creek Crossing: 6051 Skillman St., Dallas
- Crossroads Mall: 6834 Wesley St., Greenville
- West Hills Mall: 2 Financial Plaza, Huntsville
- Music City Mall: 2401 S. Stemmons Freeway, Lewisville
- Lufkin Shopping Center: 4600 S. Medford Drive, Lufkin
- Palestine Mall: 1930 S. Loop 256, Palestine
- Mirabeau Square: 3560 Lamar Ave. Highway 82, Paris
The closest one to Houston is the West Hills Mall store in Huntsville. You can see the full list of 154 stores here.
Closeout sales are expected to last 10 to 16 weeks and will start June 12.
When it filed for Chapter 11 protection in May, J.C. Penney had more than 800 stores around the country. An analyst told the Dallas Business Journal at the time that the chain would be stronger with fewer than half that number.