JCPenney Looming Closures
On Monday, JCPenney (NYSE: JCP) announced to close their 154 stores this summer. The fashion firm filed for Chapter 11 bankruptcy protection on Friday, May
On Monday, JCPenney (NYSE: JCP) announced to close their 154 stores this summer. The fashion firm filed for Chapter 11 bankruptcy protection on Friday, May
USA’S iconic retailer JCPenney is running out of time. JCPenney is a retail chain with more than 800 stores present in USA.Expiry of the grace period is Thursday and Friday of this week.
J.C.Penney, the largest US retailer, filed for bankruptcy under chapter 11. The company plans to reduce debt and strengthen the financial position .