Renzo and Andrea Rosso Push OTB’s Sustainability Agenda to New Heights
Beauty’s Highest-paid CEOs
J.C. Penney
Lenders Step to the Fore in Fashion
Debt holders are moving from collecting interest payments to driving the agenda.
Penney’s Plans to Slash Up to 242 Stores
If Penney's go-forward strategy goes to plan, it will emerge as a very different retailer.
How COVID-19 Might Derail Penney’s Bankruptcy Plans
Penney's believes that it has a raison d'etre, but the coronavirus–which is leaving an impact on all it…
WWD Recommends
J.C. Penney Files for Bankruptcy and Will Put Itself Up for Sale
Months of coronavirus store closures compounded an already crushing debt load.
J.C. Penney Files for Chapter 11
The department store chain filed for bankruptcy after struggling to prop up sales even before the coronavirus…
J.C. Penney Down to the Wire in Bankruptcy Talks
A 30-day grace period on the retailer's debt payments ends on Friday.
Macerich Maps Out Plans to Reopen Shopping Centers
The real estate investment trust hopes to have all of its properties open by mid-June. Meanwhile, only about…
Who’s on Retail Bankruptcy Watch? The Week Ahead
J.C. Penney and Stage Stores could be the next Chapter 11 filers, but a lack of cash flow is also pressuring…
J.C. Penney and Sephora Reaffirm Partnershp
Sephora stores within J.C. Penney will continue.
J. C. Penney Skips $17M Payment—a Hallmark of Bankruptcy Behavior
The retail chain is exposing the depths of its financial distress by missing a $17 million interest payment…
Wrangler, Lee Jeans Parent Company Investing in Digital, Slowly Reopening Stores
Kontoor Brands charts go-forward strategy as the effects of the coronavirus play out around the world.
J. Crew Moves Ahead With Bankruptcy Financing
The retailer secured the preliminary green light for its bankruptcy financing and a number of its early…
J.C. Penney and Sephora Spar Amid Store Reopenings
As the troubled retailer reopens stores and reportedly heads toward bankruptcy, it has sparked a dispute…
Who Will File First? Penney’s, J. Crew and Neiman in Bankruptcy’s Line of Fire
The troubled apparel retailers are teetering on the brink of bankruptcy, a hair's breadth away from their…
COVID-19 Retail Bankruptcies Ready to Boil Over
J. Crew, Neiman Marcus and J.C. Penney — with over $18 billion in sales — are all said to be running out of…