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Another Day, Another Delay and an Extension Request From JCP: Week Ahead

With pent-up demand, speed to market has never been more important. But port congestion, tariff impacts, the Uyghur crackdown and Covid uncertainty is making it difficult to restock the racks. Join Sourcing Journal on July 8 at 2 pm ET to learn how to sidestep the worst of the logistics roadblocks.

The J.C. Penney bankruptcy case has hit another snag, but this time it’s different, or so court documents state. The chain, which filed for bankruptcy in May, claims it needs more time to wrap up in-progress mediation talks. The Texas-based retailer was supposed to have filed by Friday an order approving its asset purchase agreement,…

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