Once a titan of American retail, JCPenney is set to shutter seven mall locations. Clearance sales now in their final weeks before doors close for good on May 25. The closures are part of a broader ...

JCPenney and Joann are two of several big-name ... The timeline on the closures is unclear, but clearance sales began last month and were expected to last 8-12 weeks, Macy's said on its website.