J.C. Penney Closing Stores After Filing For Bankruptcy

Newsy

19 May 2020 0 shares 1 views

J.C. Penney Closing Stores After Filing For Bankruptcy

J.C. Penney Closing Stores After Filing For Bankruptcy

Newsy

Published 19 May 2020

Watch VideoRetailer J.C. Penney is closing about a fourth of its stores in an effort to restructure its finances amid the coronavirus pandemic.

On Monday the company announced it will be permanently closing 242 of its 846 stores days after it filed for Chapter 11 bankruptcy protections.

J.C. Penney has struggled with...

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