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

Biodegradability or recycled? Carbon inset or carbon offset? Lean manufacturing or made to measure? Blockchain or chasers? There are many routes to sustainability. Come learn the relative advantages each, and learn how to design strategies that address your company’s specific impacts and goals. Join us July 29 for our Sustainability FAQs Workshop with Gap Inc., SAC, Fashion for Good, Accelerating Circularity, Lectra & Cotton Incorporated.

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,…

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