It was just announced that 119 JCPenney locations are going to be sold-off. So what does this mean for the 123 year-old brand? Back in 2020, CNN reported that JCPenney declared Chapter 11 bankruptcy.
Several JCPenney store locations will shut their doors by the end of the week. The popular retailer confirmed that it will close seven stores across the U.S. by May 25. The closures come months after ...
At least 119 JCPenney stores across the U.S. are set to change ownership in a major $947 million deal announced last week. The agreement comes five years after the retailer filed for Chapter 11 ...