Table of Contents
What JCPenney stores are closing in Florida?
Florida J.C. Penney closing stores
- Bradenton: Desoto Square Mall, 303 301 Blvd.
- Cape Coral: Coralwood Shopping Center, 2301 Del Prado Blvd.
- Fort Myers: Gulf Coast Town Center, 10083 Gulf Center Drive.
- Jacksonville: Regency Square Mall, 9501 Arlington Expressway.
- Lake Wales: Eagle Ridge Mall, 501 Eagle Ridge Drive.
How many JCPenney stores are there in Florida?
44 JCPenney Locations
44 JCPenney Locations in Florida.
Who owns University Mall in Tampa?
R D Management Corp.
University Mall/Owners
Is JC Penney closing in 2020?
“While store closure decisions are never easy, our store optimization strategy is intended to better position JCPenney to drive sustainable, profitable growth and included plans to close up to 200 stores in phases throughout 2020,” the company said in its statement to USA TODAY.
Who bought out JCPenney?
Simon Property Group
On Monday, JCPenney was formally acquired by Simon Property Group SPG +0.4% and Brookfield Asset Management, two of the country’s largest mall operators, after the slow purchase process.
Why is JCPenney failing?
Covid-19 was the straw that broke the company’s back after 118 years in business. After more than a century in business, J.C. Penney filed for bankruptcy protection. It paid out millions of dollars to top executives right before it happened. Thousands of workers lost their jobs.
Why is JCPenney closing?
The retailer announced in May 2020 it planned to close almost 30% of its 846 stores as part of a restructuring under bankruptcy protection. Since then, 156 stores have permanently closed. A federal bankruptcy court in November approved J.C. Penney’s purchase by Brookfield Asset Management Inc.
What are they building at the University Mall in Tampa?
The University Mall area is being entirely renovated and restructured into what will be known as “Rithm at Uptown,” an urban neighborhood development that will house not only people, but restaurants, shops and burgeoning technology and science companies.
What time does Westshore Mall close today?
Hours
Sunday | 11:00 am – 5:00 pm |
---|---|
Wednesday | 10:00 am – 6:00 pm |
Thursday | 10:00 am – 8:00 pm |
Friday | 10:00 am – 8:00 pm |
Saturday | 10:00 am – 6:00 pm |
Is JCPenney failing?