JCP News and Press, J.C. Penney Company Inc.

L Brands (LB), Macy’s (M),JC Penney (JCP), and Ascena (ASNA) are struggling due to decreased foot traffic for retail stores. Unlike other retailers, they’ve been unable to make up for it with online sales. Certain retailers are facing a crisis due to the coronavirus. The ...

Simon Property Group (NYSE: SPG) doesn't have enough money to buy up all of the retailers that are going to close their doors this year. The shopping mall operator has been on a spending spree , buying up bankrupt retailers in an effort to keep them from closing down and leaving vacant sto...

As J.C. Penney (NYSE: JCP) continues to maneuver through the complexities of Chapter 11 bankruptcy and its efforts to streamline its operations back into a financially sound business, 136 of its stores, earmarked for closure, began liquidation sales today. At the same time, the few remaining...

According to sources said to have direct information, J.C. Penney (NYSE: JCP) may be currently working out a deal to be bought out by its own landlords, Brookfield Property Partners (NASDAQ: BPY) and Simon Property Group (NYSE: SPG) . A third company, privately held Authentic Brands G...

Recessions and financial crises often have a way of changing the banking landscape as a result of deal making and new regulation. But they can also impact the way banks lend. For instance, following the Great Recession in 2008, banks focused a lot less on residential mortgages, historically thei...

In this episode of MarketFoolery , Chris Hill chats with Motley Fool analyst Jason Moser about the latest earnings reports and news from the markets. They do a pre-earnings walkthrough of one of the big retailers out there. Also, a cloud business with strong growth ahead just announced its re...

Maneuvering continues among various parties as J.C. Penney (NYSE: JCP) attempts to navigate its recent Chapter 11 bankruptcy and emerge on the other side as a viable, operational retailer. In the latest public development, bankruptcy judge David Jones has ordered the company to pay $250,000 ...

Last month, J.C. Penney (NYSE: JCP) filed for bankruptcy protection, following a decade of turmoil marked by several management changes, falling sales, and plunging profitability. While J.C. Penney was able to line up $450 million of debtor-in-possession financing -- half of which is availab...

The stock market continued to move higher on Monday, building on positive momentum from last week's big rally. Market participants believe there's further room to run for the U.S. economy, even as some stock analysts fear that a recession could be severe and painful. Gains for the Dow Jones Ind...

Having recently disentangled themselves from an acquisition deal to buy the ailing Victoria's Secret brand from L Brands (NYSE: LB) for $525 million, New York private equity firm Sycamore Partners may now be zeroing in on bankrupt retailer JC Penney (NYSE: JCP) . Reuters reports knowledge...