JC Penney

Shoppers enter and leave the JC Penney department store in North Riverside, Illinois, US, November 17, 2017/ Reuters
RMG

Fortune to smile on apparel makers as JCPenny rescue deal approved in US court

The US Bankruptcy Court for the Southern District of Texas on Monday approved a rescue deal, which will allow the retailer to emerge from bankruptcy before the upcoming holiday season, the company...

Shoppers enter and leave the JC Penney department store in North Riverside, Illinois, US, November 17, 2017/ Reuters
Global Economy

Buyout firm Sycamore Partners in talks to buy JC Penney

Shoppers enter and leave the JC Penney department store in North Riverside, Illinois, US, November 17, 2017/ Reuters
Global Economy

JC Penney has need for speed in bankruptcy, lawyer says

Shoppers enter and leave the JC Penney department store in North Riverside, Illinois, US, November 17, 2017/ Reuters
Global Economy

JC Penney files for bankruptcy protection

FILE PHOTO: A JC Penney store is shown in Oceanside, California, US, July 31, 2019. Picture taken July 31, 2019. REUTERS/Mike Blake/File Photo
Global Economy

JC Penney to file for bankruptcy as soon as next week, sources say