compiled with B. Riley Real Estate and Cushman & Wakefield, JCPenney has listed 24 properties and 142 leases for sale across 15 states. JCPenney has yet to find a buyer, leaving its fate and that of its brick-and-mortar stores up in the air.
The 8,000 square-foot flagship Kemmerer location — located approximately 100 miles northwest of Salt Lake City — is known as the "mother store" for the chain, according to the. The town is home to just under 4,000 residents and is where Penney first got his start in 1902. The deadline for potential buyers to bid on JCPenney's properties is September 9. An auction will be conducted on September 14 and September 15, the auction portfolio states. Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please emailfrom Business Insider Intelligence on how COVID-19 is affecting industries.Get a personalized selection of top stories daily based on your preferences. Sign up now.
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