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Holiday Hope: JCP Eyes Black Friday Chap. 11 Exit

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Bankrupt J.C. Penney Co. Inc. was in court on Tuesday for a confirmation hearing hoping to get the nod to exit bankruptcy proceedings. The retailer’s attorney Joshua Sussberg from Kirkland and Ellis said at the start of the hearing that the sale of the company is expected to close on Wednesday, allowing the new owners—its…

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