Marshalltown: Marshalltown Mall, 2500 Shopping Center St. Emporia: Flint Hills Village, 1678 Industrial Road. Here are the first 154 J.C. Penney stores that are permanently closing. Independence: Bolger Square, 17610 E 39th St. S. Bozeman: Gallatin Valley Mall, 2825 W Main St. Grand Island: Conestoga Mall, 3404 W 13th St. Keene: West Street Shopping Center, 381 West St. North Conway: Mountain Valley Mall, State Highway 16 and Route 302, Rochester: Lilac Mall, 25 Lilac Mall (Route 125), West Lebanon: Upper Valley Plaza, 250 Plainfield Road, Alamogordo: White Sands Mall, 3199 N White Sands, Auburn: Finger Lakes Mall, 1579 Clark Street Road, Batavia: Batavia City Centre, 40 Batavia City Center, Canandaigua: Roseland Shopping Center, 3225 State Route 364, New Hartford: Sangertown Square Mall, 1 Sangertown Square, Oswego: Oswego Plaza, 140 State Route 104, Syracuse: Destiny USA, 9559 Destiny USA Drive, Henderson: Henderson Square, 380 N Cooper Drive. J.C. Penney filed for bankruptcy after nearly 120 years in business, but a tentative deal with a group of mall owners and lenders may save it. Lumberton: Biggs Park Shopping Center, 2910 N Elm St. New Bern: Twin Rivers Mall, 3100 M L King Jr Blvd. Bedford: Bedford Town Fair, 1118 James Ave. Indianapolis: NW Pavilion at Michigan Road, 8752 Michigan Road, Madison: River Point Mall, 435 E Clifty Drive, Plymouth: Pilgrim Place Mall, 1350 Pilgrim Lane, Richmond: Richmond Square, 4199 National Road E. Vincennes: Vincennes Plaza, 640 Niblack Blvd. Pier 1 will start going-out-of-business sales as soon as it can reopen stores that have been temporarily shut due to the coronavirus pandemic. It sounds like they’ve tried… The company joins other major … The business then sets a closing date and the rules for the sale… Pier 1 Imports. (AP Photo/Julie Jacobson) ASSOCIATED PRESS. Florida, Ohio and Indiana each have nine closures, California has eight, and New York, Texas and Georgia have seven closings apiece. Paso Robles: Woodland Plaza, 120 Niblick Road, San Bernardino: Inland Center, 300 Inland Center, Tracy: West Valley Mall, 3100 Naglee Road, Turlock: Countryside Plaza, 1840 Countryside Drive, Yreka: Yreka Junction Mall, 1810 Fort Jones Road, Durango: Durango Mall, 800 S Camino Del Rio. There might be hope for the old brand yet, though. Usually, with a going out of business sale, inventory is distributed to higher volume stores which can maximize revenue. ), Save better, spend better: Money tips and advice delivered right to your inbox. File Schedule C (Form 1040 or Form 1040-SR), Profit or Loss From Business, with your individual tax return for the year you close your business.. You may also need to file the following forms. The coronavirus pandemic may have been the last straw for the struggling J.C. Penney company. Alliance: Carnation Mall, 2500 W State St. Ashtabula: Ashtabula Mall, 3315 N Ridge Road E, Cincinnati: Governors Plaza, 9365 Fields Ertel Road. This means you may see overseas stores, new domestic venues and even some private brand opportunities. At the beginning of a going-out-of-business sale, stores or liquidators running the sales often hike prices just so they can "slash" them later, drawing in unsuspecting shoppers looking for a deal. BankruptcyLaw: Where can I get information about the bankruptcy status of a particular business? Florida, Ohio and Indiana each have nine closures, California has eight, and New York, Texas and Georgia … For example, furniture stores go out of business, and for the same reasons that other stores go out of business. Once everything is finalized, the company decides on how they will advertise the sale to the public. 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