J.C. Penney expects to offer more insights into its plans for store closures when it reports earnings on Feb. 28. The retailer has upwards of 860 locations and could close as many as 125 moving forward, Cowen and Co. analyst Oliver Chen said.
Sign up for NRF SmartBrief
News about the U.S. retail industry
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.