CLARION, Pa. (EYT) — The Clarion JCPenney store is currently having liquidation sales in preparation for the store’s closure later this spring.

The ongoing liquidation sales currently range from 20 to 50 percent off.

According to one source, the store expects to close sometime in mid-May, though an official date has not yet been set.

The Plano-based company emerged from Chapter 11 bankruptcy on December 7, 2020, and announced the completion of its sale under which Simon Property Group and Brookfield Asset Management, Inc. have acquired substantially all of JCPenney’s retail and operating assets. The sale had previously been approved by the U.S. Bankruptcy Court for the Southern District of Texas on November 9, 2020.

JCPenney filed for Chapter 11 in May of 2020 followed by a wave of over 150 store closures. Four Pennsylvania JCPenney locations were among the closures, including one in the Clearview Mall in Butler.

JCPenney Communications Manager Kristen Bennett declined to divulge any details related to possible employee compensation packages; however, she did say that “impacted associates are being treated with the utmost consideration and respect.”

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