Plano-Based JCPenney Files For Bankruptcy
JCPenney filed for Chapter 11 bankruptcy protection on Friday, becoming the latest retail casualty of the coronavirus pandemic.
Retail Giant JCpenney Files For BankruptcyThe company blamed the Covid-19 pandemic for the need to file bankruptcy.
JCPenney Files For BankruptcyRobert Barnes/Getty Images JCPenney has filed for bankruptcy. The department store has been in the midst of a turnaround plan in order to reduce its roughly $4 billion in debt. It was forced to..