J.C. Penney is Closing Stores & Cutting Jobs

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After its promising rebrand and designer collaborations failed to boost the retailer, J.C. Penney is closing 33 stores and cutting 2,000 jobs.

J.C. Penney to Cut 2,000 Jobs While Closing 33 Stores | Bloomberg

(Image credits: Matthew Staver/Bloomberg)

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Tara is Apartment Therapy's Assistant Editor & Social Media Manager. When not living in 140 characters, you'll find her thrift shopping around Boston, canning, and Instagramming photos of cats.