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 Options Drying Up, What’s Next?

Thank you for joining Sourcing Journal & industry leaders at our SOURCING SUMMIT NY, as we discussed the most pressing issues of the day. View the Summit on demand through Jan. 2, and stay tuned for the upcoming Companion Report.

Unable to get a deal done with three potential bidders for the operating company of bankrupt J.C. Penney Co. Inc., lenders are looking at a credit bid for the retailer. “We are going to do everything humanly possible to ensure [J.C. Penney] will be around for the foreseeable future,” Joshua Sussberg, the retailers’ attorney at…

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