As of Aug 4, 2018, J.C. Penney operated 865 department stores in 49 states and Puerto Rico.

In fiscal 2017, the company closed 141 stores. During the first quarter of fiscal 2018, the company closed 7 net 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-14.4%-13.9%-0.8%-3.9%-2.9%-0.9%
Total gross square feet (M)95,21895,600103,300104,700107,900110,600
Total gross square feet growth-7.7%-7.5%-1.3%-3.0%-2.4%-0.9%
Avg store gross sq ft110,100109,600102,000102,500101,600101,100
Avg store gross sq ft growth7.8%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