Which Will Die First, Sears or J.C. Penney?

Sears Holdings (NASDAQ: SHLD) and J.C. Penney (NYSE: JCP) are in a race to the bottom. While the former has often been seen as the retailer that would file for bankruptcy first, the latter is giving it a run for its money.

With both facing serious financial hardships, will this be the last Christmas that either Sears or J.C. Penney -- or both -- see?

Image source: Getty Images.

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Source: Fool.com