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"CBS This Morning" takes a look at some of the day's headlines from around the globe. The closures represent about 13 percent to 14 percent of the department The retailer is the latest to face financial struggles amid the Coronavirus pandemic.
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JC Penney starts process to close down more than 135 stores
J.C. Penney Plans to Close as Many as 140 Stores
Headlines: JC Penney to close 33 stores, cut 2,000 jobs by May
JC Penney Plans To Downsize Through The Year: Bottom Line | CNBC
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Last Updated: June 4, 2026
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