JCPenney has announced it will close 40 stores in 2015, which is around 4% of their U.S. store base. This change will cut 2,250 jobs and affect 19 states.

JCPenney has announced it will close 40 stores in 2015, which is around 4% of their U.S. store base. This change will cut 2,250 jobs and affect 19 states.