American department store JC Penney has filed for bankruptcy becoming the latest company to be hit by Covid-19. The 118-year-old store sells clothing, cosmetics and jewellery at over 850 locations ...
JCPenney has one foot in the retail grave, and it appears to be sinking deeper. Shortly after celebrating its 117th birthday, the department store reported a 5.5% same-store sales decrease for the ...
Jun 6, 2020 Jun 6, 2020 Updated Feb 8, 2022 JCPenney will close four Granite State stores after weeks of news surrounding the department store’s Chapter 11 bankruptcy filing. The Texas-based ...
Two of America's biggest shopping mall owners have agreed to take on JC Penney's retail operations to save the department store from closing. Simon Property Group and Brookfield Property Partners ...