The on-again, off-again bankruptcy of JCPenney is back on. The company announced late Friday (May 15) that it will file for Chapter 11 and close...
Struggling retailer JCPenney, which is reported close to seeking Chapter 11 bankruptcy protection, disclosed that it’s paid roughly $17 million in interest on a senior secured term loan credit...
After JCPenney sought a court order to keep Sephora in its locations, the companies said they have “reaffirmed” their partnership to run Sephora inside of...
JCPenney has filed a temporary restraining order against beauty firm Sephora to stop it from departing Penney’s stores that are currently closed but in the...
Lord & Taylor is mulling a bankruptcy filing as the coronavirus lockdown continues to negatively impact nonessential retail, while JCPenney recently skipped an interest payment. But in grocery, GrubMarket is taking the hybrid...
The retail bankruptcy watch intensified Tuesday (April 21) as the department store sector was hit by reports of yet another major player looking at that...
After the COVID-19 crisis closed its retail locations for a time and changed its turnaround plans, JCPenney is reportedly looking into filing for bankruptcy. The...
America’s department stores are struggling, but some have the ability to ride out the coronavirus crisis for about eight months before liquidity becomes an issue,...
The resale market is turning out to be one of the hottest trends of the young new year. After Nordstrom and Macy’s recently launched high-end...