Status Update: Orange County spared latest round of J.C. Penney closures

Bankrupt retailer J.C. Penney Co. will close 154 stores in the next 10-16 weeks, including two in the Inland Empire as it restructures its finances in the middle of long-running challenges and a pandemic-cooled economy.
Orange County stores, of which there are four, are unaffected in this latest closure round, though the company said it would likely shutter 242 stores overall by 2021.
The retailer’s bankruptcy filing said that 192 closures would take place in fiscal 2020, with the closing