Retailers are closing up shop. Here's why... By: CNBC.com News January 09, 2015 at 09:01 AM EST Macy's and J.C. Penney are only the latest retailers whittling down their square footage. It happens every January. Here's why. Read More >> Related Stocks: GX Defense Tech ETF J C Penney Company Inc Macy's New York Times Company Sears Holdings C WT Target Corp