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

J.C. Penney Files for Bankruptcy and Will Put Itself Up for Sale

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

J.C. Penney filed for bankruptcy Friday evening after weeks of rumored speculation and crushing store closures. The department store company is now under bankruptcy court supervision after entering into a restructuring support agreement with some of its lenders and securing debtor-in-possession financing that requires the retailer to see if it can attract a buyer. JCP,…

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!