JCPenney is closing more than 130 stores around the country this year due to declining sales -- and 9 of them are in Texas!
Here's the list of Texas stores on the chopping block:
- Athens Village Shopping Center, Athens, TX
- Borger Shopping Plaza, Borger, TX
- Heartland Mall, Early, TX
- El Paso Downtown, El Paso, TX
- Marshall Mall, Marshall, TX
- McAllen Downtown, McAllen, TX
- University Mall, Nacogdoches, TX
- King Plaza Shopping Center, Seguin, TX
- Bosque River Center, Stephenville, TX
Typically when stores close, we actually see price INCREASES for awhile because liquidation sales start at only 10% off regular shelf prices.
So don't go nuts clearing out your local store just because it's closing -- wait until you start seeing prices 50% off original shelf price or more.
See more of my recommended tips for shopping a liquidation sale here.
See the whole national list of closing JCPenney stores here.
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