Money J.C. Penney closing more stores in bankruptcy. Is your store liquidating? See the list. July 8, 2020 Kelly Tyko, USA TODAY Comments Off on J.C. Penney closing more stores in bankruptcy. Is your store liquidating? See the list. More store closings have been announced for J.C. Penney. A pair of New York stores has been added to the store closures list and more are expected.