J.C. Penney Considering Bankruptcy, Closure of Over 200 Stores

PLANO, Tx. (EYT) – Saddled with nearly $4-billion in debt, J.C. Penney is reportedly considering filing for bankruptcy protection as early as next week. According to an exclusive report from Reuters, the 118-year-old department store chain is mauling multiple options and may close over 200 stores in conjunction with the filing. The chain employs nearly 85,000 workers at 850 stores […]

 

Read the full story here: https://www.explorejeffersonpa.com/j-c-penney-considering-bankruptcy-closure-of-over-200-stores/

 

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