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J.C. Penney

JCP Bankruptcy: How Much Will Unsecured Creditors Get?

Under the current leading offer, things aren't looking so hot for creditors like Nike and Adidas holding…

J.C. Penney Heads Toward Sale Hearing

The retailer moves closer to formalizing its sale to landlords and lenders, as a minority lender group…

New Competing Bid Tangles JCP Bankruptcy

A rival bid could threaten the bankrupt mass merchant's hoped-for December exit from Chapter 11.

JCP Sale Hearing on Track—But One Big Sticking Point Remains

While a sale contract still needs to be finalized, a plan of reorganization is in place and JCP could exit…

Penney’s Firms Up Sale Deal With Lenders and Landlords

The retailer said Tuesday that it's on track to sell to Simon, Brookfield and lenders, insisting that…

Is the J. C. Penney Deal in Trouble?

The latest development in JCP's ongoing bankruptcy saga will do little to quell the vendor community's…

Another Day, Another Delay and an Extension Request From JCP: Week Ahead

Although there's another delay in the Penney's bankruptcy case, its fate could be revealed by early next…

J.C. Penney Seeks Time for Sale Talks Amid Mediation

The retailer asked to file sale documents next week while it mediates with lenders, Simon and Brookfield.

JCP Bankruptcy Sale Talks Enter Mediation Phase

The retailer and its lenders, Simon and Brookfield, are in mediation to push through sales discussions amid…

J.C. Penney Sale Talks Ongoing as Due Dates Loom

The retailer said it is working to finalize a deal with lenders, Simon and Brookfield to submit a purchase…

Update: Bankrupt JCP Rejects 144 Store Leases

The mass merchant is rejecting 144 store leases as it prepares for a sale and possible exit from Chapter 11…

Randa Acquires Technological Assets of Bombfell

The subscription service, which had partnered with J.C. Penney, will be closing down at the end of October.

New Twist in JCP Bankruptcy Saga

The bankrupt chain could see a rival bid challenge Simon and Brookfield's existing proposal.

J.C. Penney Revs Up for Sale as Lender Faction Looks to Join Fray

The retailer is moving toward a sale hearing in early November, while a minority lender group gears up to…

J.C. Penney Faces Challenge to Sale Process as Bankruptcy Draws On

A first-lien minority creditor group is questioning the retailer's efforts to speed up a bankruptcy sale.