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J.C. Penney Co. will close 40 stores over the next year, the company announced Thursday. The closures represent nearly 4% of J.C. Penney's 1,060 stores.
Email to a friend. Body Check out this article Trader Joe's to Close All Stores by 2017, Plans to Discontinue Products. Trader Jokes. An article reporting that the Trader Joe's grocery chain would be closing all of their stores by 2017 was an early April Fool's Day joke. Dan Evon. In a surprising press release this morning, Trader Joe's announced they will be closing all 457 locations by January 2017.