CORRECTED-UPDATE 1-J.C. Penney files for bankruptcy protection
J.C. Penney Co Inc filed
for bankruptcy protection on Friday with plans to permanently
close some stores and also explore a possible sale, making it
the latest brick-and-mortar retailer to crumble as prolonged
store closures in response to the COVID-19 pandemic drive a
final stake through long-troubled businesses.
for bankruptcy protection on Friday with plans to permanently
close some stores and also explore a possible sale, making it
the latest brick-and-mortar retailer to crumble as prolonged
store closures in response to the COVID-19 pandemic drive a
final stake through long-troubled businesses.
Posted by Reuters
