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

JCP Has a Signed Sale Contract in Hand

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

J.C. Penney is one step closer to wrapping up a protracted bankruptcy case. The mass merchant finally signed an asset purchase agreement with the majority of its debtor-in-possession and first-lien lenders and its two largest landlords, Brookfield Asset Management and Simon Property Group, paving the way to complete a sale by early December. “Signing a…

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!