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Exclusive: J.C. Penney explores bankruptcy as hopes for recovery fade - sources

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Home Blogs > Business
Apr 14 '20 | By oiam2companyadmin | Views: 60 | Comments: 0

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J.C. Penney Co Inc is exploring filing for bankruptcy protection after the coronavirus pandemic forced the U.S. retailer to temporarily shut its 850 department stores, upending its turnaround plans, according to people familiar with the matter.
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Source: https://www.reuters.com/article/us-jc-penney-bankruptcy-exclusive/exclusive-j-c-penney-explores-bankruptcy-as-hopes-for-recovery-fade-sources-idUSKCN21W34W?feedType=RSS&feedName=businessNews

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