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home / news releases / JCP - J.C. Penney Faces Loss of Sephora As It Prepares to Reopen Stores

JCP - J.C. Penney Faces Loss of Sephora As It Prepares to Reopen Stores

J.C. Penney Company Inc.

J.C. Penney (NYSE: JCP) faces a new coronavirus pandemic crisis as it prepares to open a handful of stores following the closure of all 850 locations in March. 

Makeup giant Sephora has been issuing an escalating set of demands to the troubled department store chain before it opens its store-in-store boutiques, but also wants to end the relationship it has with the retailer.

Image source: Getty Images.

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Stock Information
Company Name: J.C. Penney Company Inc.
Stock Symbol: JCP
Market: NYSE
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