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Update: Bankrupt JCP Rejects 144 Store Leases

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Bankrupt J. C. Penney has rejected 144 store leases as it moves forward on plans that could see the retailer exit Chapter 11 proceedings before year-end. The list of 144 rejected leases was filed in Penney’s bankruptcy case on Thursday. A Penney’s spokesman said that the leases are part of the stores the company previously…

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