News J.C. Penney closing more stores after exiting bankruptcy. Will your store close in March 2021? See the list. December 17, 2020December 18, 2020 Kelly Tyko, USA TODAY Comments Off on J.C. Penney closing more stores after exiting bankruptcy. Will your store close in March 2021? See the list. JCPenney will close 15 additional stores in spring after closing 150-plus stores since filing for bankruptcy. The stores will shutter in March 2021.