Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user
You will be redirected back to your article in seconds

Penney’s Ekes Out a Monthly Profit as Bankruptcy Deadline Looms

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

Bankrupt J. C. Penney managed to close out the June selling period with a profit instead of a loss. Penney’s reported $47 million in net income for the month ended July 4 versus a net loss of $25 million for the year-ago period, per a Securities and Exchange Commission filing Friday. For the five months…

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