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JCPenney Completes Bankruptcy Sale. Here’s What Next.

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

Mass merchant JCPenney says its no longer operating under the constraints of bankruptcy court protection. The business was sold by bankrupt J.C. Penney Co. Inc. to its two major landlords, Simon Property Group and Brookfield Asset Management. The company already secured bankruptcy court approval on Nov. 9. “We have always been firm believers in JCPenney,…

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