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

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

Stores are opening but will consumers return? Join Cushman & Wakefield and rue21 for the Retail in Recovery webinar June 17 at 2 pm ET.

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!