It’s where you’ll find a JC Penney store that is one of 136 locations being closed and, as of last Thursday, conducting its going-out-of-business sale. Those that remain are often local merchants rather than the national chains that have been the backbone of the modern American shopping center for decades. The Penney store hadn’t been a particularly neglected location it should be noted. The department store company says it will close perhaps 150 stores and one wouldn’t be surprised if this is among them. In the meantime, the Penney sale at Northlake will continue, the inventory levels in gradual decline even as the percent-off numbers increase.

Source: Forbes June 21, 2020 18:56 UTC