2 large retailers announce closings of Canton Township locations
|Photo by Sean Rhaesa|
Loves Furniture, which replaced Art Van Furniture only four months ago, and JCPenney officials have announced that both respective stores will close as part of operating reductions. In an official statement, JCPenney management said the closure of 15 stores is part of a “store optimization strategy that began in June with our financial restructuring.” The retailer plans to close about 200 stores nationwide through next year, according to a spokesperson as part of the Chapter 11 bankruptcy filings which took place earlier this year.
The Canton Township store is expected to begin liquidation sales in January and will close to the public in mid-to-late March, corporate managers said. The Canton location built in 2007 is currently leased by JCPenney and is the only metro Detroit location being closed. It is one of the few stand-alone stores operated by the retailer.
Loves Furniture and Mattresses re-opened the former Ford Road Art Van Furniture store in September. That new building first opened in 2018 and was subsequently closed by Art Van which shuttered all stores and liquidated company assets.
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