JCPenney closing 154 stores, one in Montana

JCPenney has released their list of stores they are closing.

The list shows 154 stores that they have decided to close, including one in Montana.

The Gallatin Valley Mall JCPenney is the only location in Montana currently set to close.

“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,” said Jill Soltau, chief executive officer of JCPenney.

READ FULL STORY