JCPenney’s store closures could push hundreds of dying shopping malls over the edge (M, SHLD, JCP)

A tidal wave of store closures is about to hit the US, and the result could be catastrophic for hundreds of lower-tier shopping malls. JCPenney announced Friday that it would close up to 140 stores in the next couple months.  That follows decisions by Macy’s and Sears to close a collective 218 stores in the first […]