The firm spent the next four years shutting down Restoration Hardware
stores,
shrinking the company's retail
footprint from 110 locations to just over 80, abandoning smaller, mall - based outlets.
J.C. Penney shuttered 141
stores last year, as it tried to
shrink its
footprint, strengthen its e-commerce experience, and expand its services to attract shoppers at a time when they are increasingly turning to Amazon and other online sites.