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.

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… ...

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

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 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 ...

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

JCPenney has announced plans to close more stores nationwide, resulting in the layoff of hundreds of employees ...

JCPenney’s debt of about $4 billion forced it into bankruptcy in May 2020. It now has $485 million in long-term debt and liquidity of $1.5 billion. Long-term debt was reduced by $500 million in ...

JCPenney has weathered a bankruptcy, store closings and a CEO straight out of Silicon Valley — all followed by continual revenue declines. Now, the storied company is getting another shot at ...

JCPenney was purchased out of bankruptcy in late 2020 by its largest landlords mall companies Simon Property Group Inc. and Brookfield Property Partners LP. D-FW Retail News The latest on retail ...

The bankruptcy administrator for JCPenney has sued Jackson Walker, seeking the disgorgement of more than $1.1 million in legal fees for work the firm did on the retailer's bankruptcy, because the ...

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.