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New Competing Bid Tangles JCP Bankruptcy

Join Cotton Incorporated, Lectra, Accelerating Circularity, Public Habit and more on July 15 for Sourcing Journal's virtual Sustainability FAQs workshop to pull back the curtain on the circularity, traceability, net zero and inventory reduction concepts that could transform your business.

J.C. Penney’s Chapter 11 exit plan could be facing a fresh new hurdle. A first-lien minority group is to bifurcate the sale process, with the operating component of the sale taking place on Nov. 2 while the sale of the real estate assets will happen on Nov. 24. The current schedule has the Nov. 2…

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