JCPenney to Close Pleasanton Mall Store Early Next Year
A JCPenney store located in Stoneridge Mall, Pleasanton, California, is set to close by late February 2026. This decision comes as the retailer is unable to extend its lease, according to a company spokesperson.
Closure Timeline for JCPenney Store
The final day of operation for the JCPenney store is scheduled for February 22, 2026. A spokesman expressed regret over the closure, highlighting the challenges in negotiating lease terms and finding alternative locations in the area.
Background on JCPenney at Stoneridge Mall
- JCPenney has been a key anchor tenant in Stoneridge Mall since its opening in the early 1980s.
- The company has encountered financial difficulties, filing for Chapter 11 bankruptcy in May 2020.
- Following the bankruptcy, Simon Property Group purchased JCPenney to preserve its presence in malls nationwide.
Future Prospects for Stoneridge Mall
The mall’s property is owned by 300 Venture Group, established in 2022. A spokesperson confirmed that leasing remains robust and hinted at a significant new tenant joining the mall, although specific details were not disclosed.
Current Retail Landscape at Stoneridge Mall
- With JCPenney’s closure, only Macy’s will remain as a major retail presence.
- Sears closed its doors in late 2018, while Nordstrom ceased operations in late 2020.
As changes unfold at Stoneridge Mall, the impact on local customers and the broader retail environment will be closely monitored. JCPenney’s departure marks a significant shift in the mall’s retail landscape.
