As of Feb 3, 2018, J.C. Penney operated 872 department stores in 49 states and Puerto Rico.

In fiscal 2017, the company closed 141 stores. The company expects to close approximately 7 stores in fiscal 2018, mostly in the second quarter.

As of year-end the company owned 404 stores, including 113 stores with ground leases, and the remaining stores were leased. Department stores averaged approximately 109,600 square feet.

Store growth-13.9%-13.9%-0.8%-3.9%-2.9%-0.9%
Total gross square feet (M)95,60095,600103,300104,700107,900110,600
Total gross square feet growth-7.5%-7.5%-1.3%-3.0%-2.4%-0.9%
Avg store gross sq ft109,600109,600102,000102,500101,600101,100
Avg store gross sq ft growth7.5%7.5%-0.6%0.9%0.5%0.0%

Notes:Excludes 10 Foundry Big and Tall Supply Co. stores in 2011, 2012 and 2013