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JCP Lenders Ask Potential Bidders to Top $1.8 Billion: Report

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Bankrupt J. C. Penney & Co. Inc. is still hoping to get a deal done to sell the company and keep the retailer alive, but the latest snag is about a push for more money from potential bidders. Lenders in the case are asking three potential bidders to raise their offers as they hope to…

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