JCPenney recently announced that it would close 130 to 140 stores in the next couple of months because of slowing traffic and sales.
Advertisement
The department-store chain hasn't yet released a list of which stores it will close, but Morningstar Credit Ratings has identified 39 stores most at risk of closing, based on the stores' sales data.
The stores that made the list have weaker sales per square foot than JCPenney's average.
According to JCPenney, the stores most at risk of closing either require a significant capital investment or have below-average sales.
Advertisement
Here's the list of stores most at risk of closing, according to Morningstar Credit Ratings:
- Pinnacle Hills Promenade, Rogers, Arkansas
- El Con Center, Tucson, Arizona
- Mt. Shasta Mall, Redding, California
- Plaza West Covina, West Covina, California
- Westminster Mall, Westminster, California
- Westfield Trumbull, Trumbull, Connecticut
- Southland Mall, Cutler Bay, Florida
- Tifton Plaza, Tifton, Georgia
- North Riverside Park Mall, North Riverside, Illinois
- Yorktown Center, Lombard, Illinois
- Glenbrook Square Mall, Fort Wayne, Indiana
- Muncie Mall, Muncie, Indiana
- West Ridge Mall, Topeka, Kansas
- Country Club Mall, LaVale, Maryland
- Westfield Wheaton, Wheaton, Maryland
- The Maine Mall, South Portland, Maine
- Southdale Center, Edina, Minnesota
- Crossroads Center, Saint Cloud, Minnesota
- Mall at Barnes Crossing, Tupelo, Mississippi
- Windsor Square, Matthews, North Carolina
- Greenville Mall, Greenville, North Carolina
- The Mall of New Hampshire, Manchester, New Hampshire
- Quaker Bridge Mall, Lawrenceville, New Jersey
- Destiny USA, Syracuse, New York
- Palisades Center, West Nyack, New York
- Great Northern Mall, North Olmsted, Ohio
- Northtowne Mall, Defiance, Ohio
- Penn Square Mall, Oklahoma City, Oklahoma
- Park City Center, Lancaster, Pennsylvania
- Capital City Mall, Camp Hill, Pennsylvania
- Wyoming Valley Mall, Wilkes-Barre, Pennsylvania
- Indiana Mall, Indiana, Pennsylvania
- Montgomery Mall, North Wales, Pennsylvania
- Oxford Valley Mall, Middletown Township, Pennsylvania
- Coastal Grand Mall, Myrtle Beach, South Carolina
- Hamilton Place, Chattanooga, Tennessee
- South Plains Mall, Lubbock, Texas
- Potomac Mills, Woodbridge, Virginia
- Kitsap Mall, Silverdale, Washington
