The vacation procuring season is off to its finest begin ever, as a report 202.9 million shoppers shopped through the five-day November/December vacation weekend, from Thanksgiving Day on Nov. 27 by Cyber Monday on Dec. 1, the Nationwide Retail Federation and Correct Insights & Analytics mentioned in an announcement.
The variety of customers surpassed final yr’s 197 million customers through the 2024 Thanksgiving weekend and broke the earlier report of 200.4 million customers that was set in 2023.
Thanksgiving weekend shopper procuring
- Thanksgiving weekend 2023, 200.4 customers
- Thanksgiving weekend 2024, 197 million customers
- Thanksgiving weekend 2025, 202.9 million customers
“This year’s record turnout reflects a highly engaged consumer who is focused on value, responds to compelling promotions, and seizes upon the opportunity to make the winter holidays special and meaningful,” Nationwide Retail Federation CEO Matthew Shay mentioned in a Dec. 2 assertion.
A record-setting begin to the vacation procuring season, nevertheless, will not be sufficient to cease main retailers from shutting down retailer areas that now not make sense to function.
Retailers shut shops regardless of report procuring season
Macy’s has already decided that it’s going to shut 66 underperforming shops in 2025 and about 150 shops by the tip of 2026.
One other main division retailer chain has already closed a number of shops in 2025 and also will shut at the least one retailer in 2026.
JCPenney closed eight retailer areas in 2025 and already has plans to shut one other in 2026.
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JCPenney closes one other retailer location
Longtime regional mall division retailer anchor JCPenney has revealed that it’s going to shut one other of its shops, which is positioned within the Stoneridge Mall in Pleasanton, Calif., after closing eight shops throughout the nation earlier this yr.
JCPenney mentioned the ultimate enterprise day on the Pleasanton retailer can be Feb. 22, 2026, KRON-TV in San Francisco reported. The corporate has not mentioned whether or not staff can be supplied positions at different San Francisco Bay Space JCPenney shops.
The retailer has areas in six different Bay Space cities, together with Antioch, Harmony, Fairfield, Hayward, San Jose, and Santa Rosa, Calif.
JCPenney unable to achieve new lease settlement
The division retailer chain mentioned it was “unable to continue our current lease terms for this store location and have been unable to find another suitable location in the market,” the corporate mentioned in an announcement to KRON.
JCPenney already closed one other Bay Space retailer within the Retailers at Tanforan in San Bruno, Calif., in Might 2025.
It additionally closed seven different shops this yr, together with areas at The Retailers at Northfield in Denver; Pine Ridge Mall in Pocatello, Idaho; West Ridge Mall in Topeka, Kan.; Annapolis Mall in Annapolis, Md.; Asheville Mall, in Asheville, N.C.; Mall at Fox Run in Newington, N.H.; and Charles City Heart in Charlestown, W.V.
JCPenney 2025 retailer closings
- Stoneridge Mall in Pleasanton, Calif.
- Retailers at Tanforan in San Bruno, Calif.
- The Retailers at Northfield in Denver
- Pine Ridge Mall in Pocatello, Idaho
- West Ridge Mall in Topeka, Kan.
- Annapolis Mall in Annapolis, Md.
- Asheville Mall, in Asheville, N.C.
- Mall at Fox Run in Newington, N.H.
- Charles City Heart in Charlestown, W.V.
The JCPenney closings preceded the sale of 119 properties by proprietor Copper Property CTL Go Via Belief to personal fairness agency Onyx Companions Ltd. of Boston for $947 million in an all-cash transaction on July 23, 2025. The sale was set to shut on Sept. 8, 2025.
Extra closings:
- Main trucking firm closes Dwelling Depot distribution facility
- 63-year-old bankrupt retail chain closes all shops completely
- Low cost retail chain closes half its retailer areas
Copper Property was created to accumulate 160 retailer areas and 6 warehouse distribution facilities from JCPenney as a part of the corporate’s Chapter 11 submitting in 2020. The corporate closed about 200 shops by its chapter.
JCPenney, based as The Golden Rule in Kemmerer, Wyoming, in 1902, presently operates over 650 shops within the U.S. and Puerto Rico and employs over 50,000 employees.
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