A 'tsunami' of store closings seen hitting retail By: CNBC.com News January 22, 2014 at 12:58 PM EST Get ready for the next era in retail-one that will be characterized by far fewer shops and smaller store footprints. Read More >> Related Stocks: GX Defense Tech ETF J C Penney Company Inc Lululemon Athletica Macy's Michael Kors Holdings Wal-Mart Stores, Inc.