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JCPenney store closings: 33 stores shut; 2,000 jobs cut

A customer enters a J.C. Penney store on November 20, 2013 in Daly City, California. J.C. Penney reported a third quarter loss of $489 million, or $1.94 per share compared to a loss of $123 million, or 56 cents per share one year ago.
A customer enters a J.C. Penney store on November 20, 2013 in Daly City, California. J.C. Penney reported a third quarter loss of $489 million, or $1.94 per share compared to a loss of $123 million, or 56 cents per share one year ago.
Photo by Justin Sullivan/Getty Images
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