Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Factors Have Given Up on J.C. Penney for Now—Here’s What That Means

Stores are opening but will consumers return? Join Cushman & Wakefield and rue21 for the Retail in Recovery webinar June 17 at 2 pm ET.

Retailers can theoretically save cash by pushing payments to vendors out beyond the usual 30- or 60-day invoice agreements—but that kind of short-term thinking can just as easily come back to haunt store operators like J.C. Penney. Factors have given up on checking the troubled department store chain, which means they’re not approving any orders,…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!