JC Penney Closes Stores and Macy's Restructures

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Macy’s and JC Penney are facing changing times. The retail giants will begin restructuring their stores relatively soon.

Macy’s has been embracing new services for shoppers looking for more convenience. Last fall, it began testing same-day delivery of products purchased at Macy’s.com and Bloomingdales.com in eight major U.S. markets. It also offers shoppers the opportunity to order online and pick up the merchandise at the stores. It’s also launched new mobile shopping aps heading into the holiday season.

“We must continue to invest in our business to focus on where the customer is headed — to prepare for what’s next,” said Terry J. Lundgren, Macy’s chairman and CEO in a statement.

The retailer said Thursday it will also close 14 department stores but open two new locations, resulting in annual savings of roughly $140 million. Macy’s says it plans to reinvest those savings into its business.

It says its overall workforce of about 175,000 will remain level as it lays off about 2,200 workers nationwide but picks up staffing in other areas. For example, Macy’s is expected to expand its San Francisco online division by hiring more than 150 workers.

JC Penney has opted to close stores.J.C. Penney Co. said will close about 40 stores this year and cut about 2,250 jobs.

Here is a list of the JC Penney stores that will close:

GEORGIA

• Gwinnett Place Mall in Duluth
• LaGrange Mall in LaGrange
• Walnut Square Mall in Dalton

IOWA

• Crossroads Shopping Center in Waterloo
• Southbridge Mall in Mason City
• Westland Mall in West Burlington

ILLINOIS

• Northland Plaza in DeKalb
• Quincy Mall in Quincy

INDIANA

• Marquette Mall in Michigan City

MASSACHUSETTS

• Hanover Mall in Hanover
• Silver City Galleria in Taunton

MICHIGAN

• Adrian South Mall in Adrian

NEW JERSEY

• Cumberland Mall in Vineland

NEW YORK

• Hudson Valley Mall in Kingston

NORTH CAROLINA

• Parkwood Mall in Wilson
• Randolph Mall in Asheboro
• Signal Hill Mall in Statesville
• Southgate Mall in Elizabeth City

OHIO

• Eastland Mall in Columbus
• North Towne Plaza in Greenville
• Upper Valley Mall in Springfield

OREGON

• Pony Village Mall in North Bend

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PENNSYLVANIA

• Chambersburg Mall in Chambersburg
• Granite Run Mall in Media
• Nittany Mall in State College
• Susquehanna Valley Mall in Hummels Wharf
• York Galleria in York

RHODE ISLAND

• Providence Place Mall in Providence

SOUTH CAROLINA

• Aiken Mall in Aiken
• Inlet Square Mall in Murrells Inlet

SOUTH DAKOTA

• Lakewood Mall in Aberdeen

TEXAS

• Market Square Mall in Brenham

VIRGINIA

• Manassas Mall in Manassas
• The Marquis in Williamsburg

VERMONT

• Diamond Run Mall in Rutland
• St. Albans Shopping Center in St. Albans

WISCONSIN

• Aviation Plaza in Oshkosh
• Regency Mall in Racine
• Shawano Plaza in Shawano