J.C. Penney
Brands Look for Security as Retail Starts Back Up
Some factors have been picking up business helping vendors ship as the trade credit insurance market has…
Father’s Day Offers Hopes to Beleaguered Retailers
Activewear and updated basics are among the most popular items for customers who are just now returning to…
J.C. Penney’s Suitors Circle in Bankruptcy Process
The company faces a key deadline next month that could decide its future.
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Authentic Brands Surfaces as Possible Bidder in JCP Bankruptcy
If ABG were to make an offer, it is expected to once again join forces with Simon Property and Brookfield.
J.C. Penney Gets Rent Extension Amid Negotiations With Landlords
The bankrupt retailer, which has reopened some 475 stores, had sought an extension on its lease obligations…
Sycamore Said to Be in Hot Pursuit of Penney’s
Penney's is said to be in deal talks with Sycamore if it can't forge a lender agreement to exit bankruptcy as…
Trump Talks Jobs as Retail Announces 353 Store Closures in One Day: Week Ahead
Trump predicts economic victory in upcoming months in advance of his re-election bid, but unemployment rate…
Penney’s Starts Store-Closing Sales at 154 Locations
The first round of closing sales is projected to last between 10 and 16 weeks.
Penney’s Nabs $900 Million in Financing But a Fight for its Future Begins
The clock is ticking on Penney's deadline to reach an agreement with lenders on a business plan to avoid a…
J.C. Penney to Proceed With DIP Financing
The bankrupt retailer acknowledged its ongoing uncertainties, but said debtor-in-possession funds will help…
G-lll Apparel Group Closing All Wilsons Leather and G.H. Bass Stores
With the majority of stores closed last quarter because of the coronavirus, the retailer and apparel supplier…
Bankruptcy Brief: Who’s on Penney’s Unsecured Creditors Committee?
While Penney's focuses on reopening stores, a newly formed unsecured creditors committee includes real estate…
J.C. Penney Barrels Toward Reopening, Plans For Swift Chapter 11 Exit
The retailer told a bankruptcy court that it plans to fully reopen by early August, and is negotiating rent…
Penney’s Drops Sustainable Private-Label Home Textile Collection
Some products in the new Linden Street private label are Oeko-Tex certified to be free of 300 harmful…
Emerging From Bankruptcy and Reopening Stores in a Pandemic
As retailers pursue swift restructuring plans to start anew, they face the safety risks of doing so during a…