JC Penney to close 33 stores - FOX 10 News | myfoxphoenix.com

JC Penney to close 33 stores

Posted: Updated:
CHICAGO (FOX 32 News) -

There's more bad news for JC Penney.

The retailer said it will close 33 stores and lay off 2,000 people as it continues to struggle with poor sales.

One of the stores closing is at the Stratford Square Mall in Bloomingdale.

JC Penney said the moves will save it $65 million next year.

The 33 stores are expected to close by early May.

A complete list of stores can be found here.

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