Massive Mall Retailer Confirms Closure of Another Location
Massive mall retailer JCPenney has confirmed the closure of another location. Shoppers have until November 1 before the store closes for good.
The retail store closure is happening at the Ridgmar Mall in Fort Worth, Texas, just three months from now.
The JCPenney at Ridgmar has been there since the inception of the mall in 1976.
It was loved by shoppers and seen as one of the last anchor stores since Macy’s closed back in 2016.
Sears and Neiman Marcus both also closed their Ridgmar stores in 2017.
This leaves Dillard’s as the malls largest store once JCPenney closes permanently.
The company released a statement explaining the reason behind the store closure:
“Regretfully, we are unable to continue our current lease terms for this store location and have been unable to find another suitable location in the market.”
Now JCPenney is having a closing sale of up to 20 to 50 percent off.
All sales after July 16 are final meaning returns and exchanges cannot be accepted.
“We are grateful to our dedicated associates and the loyal customers who have shopped at our Fort Worth location through the years.
We hope to continue serving them at our other Dallas-Fort Worth locations and online,” the company said.
Related: A Famous Shoe Company Is Now Exiting Several Countries
JCPenney Store Closures and Financial Struggles
JCPenney’s store closures have been triggered by multifaceted financial struggles, including being hit hard by the Coronavirus pandemic.
You throw in a shift in shopping habits and inflation, and you have a dramatic landslide in sales.
This led to 175 JCPenney store locations closing nationwide between 2020 and 2021 alone.
The company also reported recently that net sales declined more than 4% in the fiscal quarter that ended on May 2 in 2025.
In the United States, JCPenney operates approximately 640 stores but continues to close locations to this day.
JCPenney had around 1,000 stores in 2016 and remains cited as the number one best department store in 2026 according to USA Today’s 10 Best.
Will JCPenney continue closing its mall store locations?
The trend certainly points in that direction.
For now, we’ll continue to monitor the store closures and inform readers on the latest retail, layoff, and bankruptcy trends.
You can subscribe to our newsletter for weekly economy, business, and financial news.
Also Read: Layoffs in California Now Plunge Compared to 2025 (New Report)
Follow me on X, Instagram, Facebook, and LinkedIn.
Read news and journalism stories here.
