J.C. Penney
J.C. Penney Shareholders Lose Bid to Delay Sale
A Texas federal district court denied a motion by the ad hoc equity group in the J.C. Penney bankruptcy to…
JCP Store Closures Spell Opportunity for Hibbett Sports
CEO Mike Longo sees a $40 million incremental sales opportunity stemming from competitor store closures…
Francesca’s to Close Stores, May File for Bankruptcy
Company shares fell more than 33 percent during Monday's trading session as a result.
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Bankrupt JCP Bets on New Athleisure Brand
The brand, "a solution that reaches beyond the activewear category," the retailer said, includes cardigans…
David Simon as Retailer With J.C. Penney
The landlord's take on retail is growing in importance as his empire grows with a stake in J.C. Penney.
Simon CEO: JCP Ownership ‘Will Be a Win-Win For Everybody’
Simon Property Group CEO David Simon confirmed that Authentic Brands Group will enter the joint acquisition…
Bankruptcy Court Approves J. C. Penney Sale
Employees, vendors and landlords can breathe a sigh of relief now that Penney's will stay in business as it…
J.C. Penney Gets Court Approval for a Going-Concern Sale
A Texas bankruptcy court approved the sale to landlords and lenders, agreeing it was the retailer's only…
J.C. Penney Heads to Sale Hearing as Shareholders Dispute Value
The retailer heads to a hearing Monday on its deal with landlords and lenders, while shareholders have raised…
Brookfield Property Partners Continues to Log Record Losses
But the mall owner said the company will ultimately benefit from a leaner portfolio post-pandemic.
JCP Settles Minority Lender Dispute. What’s Next?
With the lender dispute settled, JCP can exit bankruptcy once it gets court approval of its sale and…
J.C. Penney Settles With Lender Group Ahead of Sale Hearing
The retailer and majority first-lien lenders have settled with a minority lender group, and agreed to have a…
JCP Has a Signed Sale Contract in Hand
The sale requires court approval, but at least JCP's over 60,000 employees, landlords and vendor community…
J.C. Penney Inks Asset Deal With Landlords, Lenders
The retailer said it is charting a course to exit bankruptcy before the holiday season.
J.C. Penney Lender Fight Shows Competing Bankruptcy Interests
The ongoing conflict between J.C. Penney's lender constituencies reflects the ever-present struggles in a…