Home / Business and Economy / JCPenney Closes Doors at Ross Park Mall
JCPenney Closes Doors at Ross Park Mall
28 May
Summary
- JCPenney at Ross Park Mall will close on September 20.
- The closure is due to unresolved lease terms.
- The store was previously downsized to one floor in 2019.
The JCPenney store located at Ross Park Mall in Pittsburgh, Pennsylvania, will cease operations on September 20. This closure comes after the company indicated that it could not sustain the location under its current lease agreements.
The decision to close the store is a significant loss for Ross Park Mall, removing one of its primary anchor tenants. JCPenney has stated that it was unable to identify an alternative suitable location within the market, leading to the definitive closure date.
This isn't the first sign of contraction for the JCPenney store; it was reduced to a single floor in 2019. The current closure represents a further step in the site's evolving retail presence.
JCPenney filed for Chapter 11 bankruptcy in May 2020, and was later acquired by Brookfield Property Partners and Simon Property Group. While the company now operates nearly 650 stores, some individual sites, like the Ross Park Mall location, no longer align with market or lease strategies.
Ross Park Mall itself is owned by Simon Property Group, one of JCPenney's new owners. The company expressed gratitude to its employees and customers at the Pittsburgh location. For shoppers, September 20 marks the final day of operations for this store.
