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Greendale Mall demolition mixed memories Amazon warehouse
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Greendale Mall demolition to begin in July for Amazon facility
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Greendale Mall Amazon J Calnan & Associates Finard Properties of Boston
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Oak Court Mall owner may file for bankruptcy, agency says
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The Sturbridge JCPenney, located at 194 Main St., will close in spring 2021, the retailer announced in a recent, undated announcement.
In June, the company announced it would close up to 200 stores as part of a financial restructuring. In the announcement, the retailer said it would continue to operate the majority of its stores, as well as its website.
In a Dec. 7 press release, JCPenney announced Simon Property Group of Indianapolis and Brookfield Asset Management Inc. of Toronto had acquired substantially all of its retail and operating assets.
“With this closing, our operating company has exited Chapter 11 and is continuing under new ownership and the JCPenney banner,” Jill Soltau, CEO of JCPenney said in a statement.