Money J.C. Penney store closings list released: Is your local store facing liquidation in bankruptcy? June 4, 2020June 5, 2020 Nathan Bomey, USA TODAY Comments Off on J.C. Penney store closings list released: Is your local store facing liquidation in bankruptcy? J.C. Penney on Thursday revealed its initial list of 154 stores to close permanently in bankruptcy. Liquidation sales could begin within a week.