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Two of the largest retailers in America are steamrolling toward bankruptcy. Sears and J.C. Penney are both losing hundreds of millions of dollars each quarter, and both of them appear to be caught in the grip of a death spiral from which it will be impossible to escape. Once upon a time, Sears was actually the largest retailer in the United States, and even today Sears and J.C. Penney are "anchor stores" in malls all over the country. This week J.C. Penney announced that it is eliminating 2,000 jobs and closing 33 stores. The following is a list of the store closings that was released to the public... Selma, Ala. -- Selma Mall Rancho Cucamonga, Calif. -- Arrow Plaza Colorado Springs -- Chapel Hills Mall Meriden, Conn. -- Meriden Square Leesburg, Fla. -- Lake Square Mall Port Richey, Fla. -- Gulf View Square Muscatine, Iowa -- Muscatine Mall Bloomingdale, Ill. -- Stratford Square Mall Forsyth, Ill. -- Hickory Point Mall Marion, Ind. -- Five Points Mall Warsaw, Ind. -- Marketplace Shopping Center Salisbury, Md. -- The Centre at Salisbury Marquette, Mich. -- Westwood Plaza Worthington, Minn. -- Northland Mall Gautier, Miss. -- Singing River Mall Natchez, Miss. -- Natchez Mall Butte, Mont. -- Butte Plaza Shopping Center Cut Bank, Mont. Kinston, N.C. -- Vernon Park Mall Burlington, N.J. -- Burlington Center Phillipsburg, N.J. -- Phillipsburg Mall Wooster, Ohio -- Wayne Towne Plaza Exton, Pa. -- Exton Square Mall Hazleton, Pa. -- LaurelMall Washington, Pa. -- Washington Mall Chattanooga -- Northgate Mall Bristol, Va. -- Bristol Mall Norfolk, Va. -- Military Circle Mall Fond du Lac, Wis., Forest Mall Janesville, Wis. -- Janesville Mall Rhinelander, Wis. -- Lincoln Plaza Center Rice Lake, Wis. -- Cedar Mall Wausau, Wis. -- Wausau Mall | |||
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