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December 21, 2014

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In this April 9, 2013 file photo, a customer leaves a J.C. Penney store in New York. J.C. Penney on Wednesday, Jan. 15, 2014 announced it will cut 2,000 jobs and close 33 stores as it tries to get back on the path to profitability.

AP Photo/Mark Lennihan

In this April 9, 2013 file photo, a customer leaves a J.C. Penney store in New York. J.C. Penney on Wednesday, Jan. 15, 2014 announced it will cut 2,000 jobs and close 33 stores as it tries to get back on the path to profitability.