JCPenney recently announced that it would close 130 to 140 stores in the next couple of months because of slowing traffic and sales.
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.
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