J.C. Penney closing 33 stores, laying off 2,000

J.C. Penney will close 33 stores and lay off about 2,000 employees in the process, the retailer said Wednesday. None of the soon-to-be shuttered stores are in Missouri, a spokesperson said.

Illinois will lose two stores -- in Bloomingdale and Forsyth.

The stores are expected to be shuttered by early May.

"These actions are expected to result in an annual cost savings of approximately $65 million, beginning in 2014," the company says in a press release issued after the close of the stock market.

CEO Myron E. Ullman said in the release: "While it's always difficult to make a business decision that impacts our valued customers and associates, this important step addresses a strategic priority to improve the profitability of our stores and position JCPenney for future success."


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 -- 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 -- 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, Wisc., Forest Mall

Janesville, Wisc. -- Janesville Mall

Rhinelander, Wisc. -- Lincoln Plaza Center

Rice Lake, Wisc. -- Cedar Mall

Wausau, Wisc. -- Wausau Mall


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