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

Penney’s Pushes for New Bankruptcy Deadline, Pulls the Plug on 2 NYC Stores

Learn how to get a handle on financials, inventory and consumer insights to create a nimble enough supply chain to react in these uncertain times. Join Tentree and Oracle NetSuite Aug. 19 at 2 pm ET.

Bankrupt J. C. Penney is closing two New York City stores and has put together a business plan—a key milestone in its Chapter 11 court case. In court Wednesday, Penney’s attorney Joshua Sussberg of Kirkland & Ellis said the retailer is pushing for an extension of the July 14 deadline by which is must secure…

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!