J.C.Penny is closing 33 stores across the nation and the list includes a store at the Arrow Plaza in Rancho Cucamonga.
Five of the store closings are in Wisconsin and the complete list is at the end of this article.
Company officials said the move is part of the company's strategic turnaround and will save about $65 million dollars. All stores will be closed by early May and about 2,000 positions will be eliminated.
J.C.Penny is moving ahead with plans to open a store at the Gateway II development in Brooklyn.
The stores slated for closure were called "underperforming" and the company wanted to focus on growth opportunities. "It is necessary to reexamine the financial performance of our store portfolio and adjust our national footprint accordingly," said CEO Myron Ullman, a new member of the Retail Industry Leaders Association.
In a Jan. 8, 2014 press release the retailer said, "Customers responded well to the Company's offerings this holiday shopping season, both in store and online."
In Google's top retail search terms for 2013, a Forbes.com article noted that Kohl's was number one, J.C.Penny's took the second spot, and Nordstrom was third for online shoppers. Forever 21 and Victoria's Secret made the top five.
Internetretailer.com lists J.C. Penny as number 15 in the top 500 online retail sites.
Here is the complete list of stores being closed:
Chapel Hills Mall
Lake Square Mall
Gulf View Square
Stratford Square Mall
Hickory Point Mall
Five Points Mall
Marketplace Shopping Center
The Centre at Salisbury
Singing River Mall
Butte Plaza Shopping Center
Vernon Park Mall
Wayne Towne Plaza
Exton Square Mall
Military Circle Mall
Fond Du Lac
Lincoln Plaza Center