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J.C. Penney

Is Penney’s Valuation the Next Bankruptcy Battleground?

An expert hired by J. C. Penney's ad hoc equity committee has taken a wildly different view of the bankrupt…

These Fashion and Beauty Brands Are Giving Employees Time Off to Vote on Election Day 2020

Major brands and retailers are declaring Election Day as a paid holiday or giving employees paid time off to…

What’s Going on With Penney’s Bankruptcy?

J. C. Penney's bankruptcy case seems to have hit a bump in the road.

JCP Reports Wider Quarterly Loss on Eve of Court Auction

Shoppers are still turning to JCP to purchase the same key categories, according to the bankrupt chain's…

Hail-Mary Save Could Spring JCP from Bankruptcy in October

JCP bankruptcy attorney Joshua Sussberg told judge David Jones the retailer is in a position to move the…

J.C. Penney Reaches Tentative $1.75B Deal With Mall Cos., Lenders

The retailer told a Texas bankruptcy court Wednesday that it agreed to a tentative deal toward a sale that…

PVH Registers More Quarterly Losses, but Beats Wall Street’s Expectations

Despite nearly $52 million in losses, the company sees strength in its digital and international businesses.

Retail Workers Face Rough Road in Corporate Bankruptcies

Store employees face a disproportionate burden of job insecurity and loss of vital benefits, and tend to lack…

J.C. Penney Moves With Lenders Amid ‘Stalemate’ With Other Prospects

The retailer said it's at an impasse with prospective third-party bidders, and that it plans to move on a…

Penney’s Options Drying Up, What’s Next?

Talks with possible bidders hit a stalemate, leaving JCP lenders' only one path to save the company and 70K…

Exiting Bankruptcy

Some major retailers who filed for Chapter 11 during the pandemic are moving onward after a trip in court…

Penney’s Swings to Loss in July—Here’s Why the Timing Couldn’t Be Worse

After a monthly surprise in June, the bankrupt mass merchant is back in the red.

J.C. Penney Plods On In Talks Toward Sale Deal

The retailer told a Texas bankruptcy court Wednesday that negotiations on a sale are still ongoing.

Stein Mart Files Chapter 11 Bankruptcy

The off-price department store said it will likely close all of its 281 brick-and-mortar locations.

This One Chain Is Winning the Foot-Traffic Race Right Now

Weekly traffic patterns are impacting retail recoveries when stores are located in states fighting a…