JCPenney filed for bankruptcy. The coronavirus crisis was the final blow to a 118-year-old company struggling to overcome a decade of bad decisions, executive instability and damaging market trends.

Several US retail chains, including Macy's, JCPenney, CVS, and Footlocker, are shutting down numerous locations in July.

JCPenney has survived world wars, the Great Depression, the Great Recession and the rise of both big box and online rivals. But surviving the Covid-19 pandemic is very much in doubt.

JCPenney is preparing to file for bankruptcy protection as soon as next week with plans to permanently close about a quarter of its roughly 850 stores, becoming the latest major US retailer to succ… ...

JCPenney filed for bankruptcy on Friday, the latest retail giant to see its downfall hastened by the coronavirus crisis. The pandemic was the final blow to a 118-year-old company struggling to ...

As JCPenney Exits Bankruptcy With New Owners, There Are Still Some Loose Ends. ByWalter Loeb. ... Florida, Spring Hill, Nature Coast Commons, shopping mall, JC Penney, department store.

After shutting down several stores in May, JCPenney is planning to close a warehouse and lay off nearly 300 workers this year ...

JCPenney is the fourth national retailer to file for bankruptcy just this month. On May 4, clothing retailer J.Crew filed for bankruptcy, followed by a filing at Neiman Marcus on May 7.

JCPenney cited the coronavirus pandemic as a major catalyst behind its bankruptcy filing. But, department stores have been struggling for years.

JCPenney has weathered a bankruptcy, store closings and a CEO straight out of Silicon Valley — all followed by continual ...

JCPenney filed for bankruptcy. The coronavirus crisis was the final blow to a 118-year-old company struggling to overcome a decade of bad decisions, executive instability and damaging market trends.