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J.C. Penney Investigating Debt Options Ahead of Holidays

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

J.C. Penney Co. Inc. is hoping to buy itself some wiggle room as it considers how to improve a capital structure questioned by experts and lighten a staggering debt load sooner than rather than later. The move to shore up its financial structure follows a corporate credit downgrade on Wednesday from Fitch Ratings, the credit…

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