America’s top retailers in trouble
JCPenney posted a list of the stores it plans to close this year.
The department store chain announced in February that it’ll shutter up to 140 storefronts, and on Friday JCPenney (JCP) revealed the names of 138 stores that are getting the ax.
It’s just the latest sign of the struggles plaguing brick-and-mortar retailers as they try to compete with e-commerce masters like Amazon (AMZN, Tech30).
Earlier this month, Moody’s put out a report listing 19 retailers — including Sears (SHLD), Kmart, Payless, J. Crew and Claires — that it considers "distressed."
And there are more signs of trouble. Target’s (TGT) latest earnings report showed measly holiday sales, sending its stock tumbling. Neiman Marcus recently put itself up for sale. Staples said on March 9 that it’s closing 70 more of its stores, and The Limited said in January that its closing all of its retail locations.
Here’s a list of the J.C. Penney stores that are going dark.
Auburn Mall (Auburn, Alabama), Tannehill Promenade (Bessemer), Gadsen Mall (Gadsen) and Jasper Mall (Jasper).
Downtown Bishop (Bishop, California), Sunwest Plaza (Lodi), The Village at Orange (Orange), Hilltop Mall (Richmond)
Fort Morgan Main St. (Fort Morgan, Colorado), Glenwood Springs Mall (Glenwood Springs), St. Vrain Centre (Longmont), Broadway Plaza (Sterling)
Jacksonville Regional Shopping Center (Jacksonville, Florida), Palatka Mall (Palatka)
Dublin Mall (Dublin, Georgia), Macon Mall (Macon), Milledgeville Mall (Milledgeville), Gateway Plaza (Thomasville), Tifton Mall (Tifton)
Downtown Decorah (Decorah, Iowa), Crossroads Mall (Fort Dodge),Penn Central Mall (Oskaloosa), Quincy Place (Ottumwa)
Eastland Mall (Bloomington, Illinois), Fulton Square (Canton), Village Square Mall (Effingham), freestanding store in Macomb, Peru Mall (Peru), Northland Mall (Sterling), Centerpointe of Woodridge (Woodridge)
FairOaks Mall (Columbus, Indiana), Connersville Plaza (Connersville), Huntington Plaza (Huntington), Jasper Manor Center (Jasper), Logansport Mall (Logansport)
Chanute Square (Chanute, Kansas), downtown Great Bend, Hutchinson Mall (Hutchinson), freestanding store in Lawrence, Winfield Plaza (Winfield)
Cortana Mall (Baton Rouge, Louisiana), Park Terrace (DeRidder), North Shore Square (Slidell)
Lakeview Square Mall (Battle Creek, Michigan), Delta Plaza (Escanaba), Westshore Mall (Holland), Copper Country Mall (Houghton), Birchwood Mall (Kingsford), Midland Mall (Midland), Cascade Crossings (Sault Ste. Marie)
Central Lakes Crossing (Baxter, Minnesota), Five Lakes Centre (Fairmont), Faribo West Mall (Faribault), Irongate Plaza (Hibbing), Hutchinson Mall (Hutchinson), Red Wing Mall (Red Wing), downtown Thief River Falls, freestanding store in Winona
Leigh Mall (Columbus, Mississippi), Southgate Plaza (Corinth), Greenville Mall (Greenville), Bonita Lakes Mall (Meridian), Oxford Mall (Oxford)
Albemarle Crossing (Albemarle, North Carolina), Boone Mall (Boone), Eastridge Mall (Gastonia), Blue Ridge Mall (Hendersonville), Monroe Crossing (Monroe), Becker Village Mall (Roanoke Rapids)
Prairie Hills Mall (Dickinson, North Dakota), Buffalo Mall (Jamestown), downtown Wahpeton
Dunkirk-Fredonia Plaza (Dunkirk, New York), Westfield Sunrise (Massapequa), Palisades Center (West Nyack)
Findlay Village Mall (Findlay, Ohio), New Towne Mall New (Philadelphia), Richmond Town Square (Richmond Heights), St. Mary’s Square (St. Marys)
Altus Plaza (Altus, Oklahoma), Ne-Mar Shopping Center (Claremore), Ponca Plaza (Ponca City), Pioneer Square Shopping Center (Stillwater)
Downtown Astoria, Grants Pass Shopping Center (Grants Pass, Oregon), downtown La Grande, downtown Pendleton, The Dalles Main Street (The Dalles)
Columbia Mall (Bloomsburg, Pennsylvania), Clearfield Mall (Clearfield), King of Prussia Mall (King of Prussia), Philadelphia Mills (Philadelphia), Bradford Towne Centre (Towanda), Lycoming Mall (Pennsdale), Willow Grove Park (Willow Grove)
Palace Mall (Mitchell, South Dakota), Northridge Plaza (Pierre), Watertown Mall (Watertown), Yankton Mall (Yankton)
Greeneville Commons (Greeneville, Tennessee), Knoxville Center (Knoxville), County Market Place (Union City)
Athens Village Shopping Center (Athens, Texas), Borger Shopping Plaza (Borger), Heartland Mall (Early), downtown El Paso, Marshall Mall (Marshall), downtown McAllen, University Mall (Nacogdoches), King Plaza Shopping Center (Seguin), Bosque River Center (Stephenville)
Pine Tree Mall (Marinette, Wisconsin), Marshfield Mall (Marshfield), Richland Square Shopping Center (Richland Center), Rapids Mall (Wisconsin Rapids)