Economy Nov 10 U.S. bankruptcy court approves sale of J.C. Penney By Anne D'Innocenzio, Associated Press
Economy May 15 Pandemic claims yet another retailer: J.C. Penney The coronavirus pandemic has pushed troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. By Anne D'Innocenzio, Associated Press
Economy Feb 04 Macy’s to close 125 stores, shed 2,000 corporate jobs The store closures represent about one fifth of Macy's current total. They didn't specify how many jobs would be lost at the shuttered stores. By Anne D'Innocenzio, Associated Press
Economy Jan 15 J.C. Penney cuts 33 stores, 2000 jobs J.C. Penney announced store closures and job cuts as part of an effort to turnaround the company. Photo by Flickr user Holiday Gift Nation J.C. Penney announced Wednesday it will close 33 underperforming stores and cut 2,000 jobs… By News Desk