JCP News and Press, J.C. Penney Company Inc. From 05/09/20

It's not exactly breaking news that department stores are struggling to stay relevant in the fast-changing retail landscape. However, their long-term problems have turned into existential crises in 2020, as the COVID-19 pandemic forced nearly all department stores to close in mid-March. Some sto...

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In a highly-anticipated development, J.C. Penney (NYSE: JCP ) is preparing to file for bankruptcy protection as early as next week, according to Reuters. More news on: J. C. Penney Company, Inc., Kohl's Corporation, Macy's, Inc., Consumer stocks news, Read more ...

Sephora inside JCPenney Partnership to Continue; Both Companies Focused on Delivering Exciting Beauty Experience to Customers J. C. Penney Company, Inc. (NYSE: JCP) and Sephora USA, Inc. today announced they have reaffirmed their long-standing partnership to operate Sephora inside JCP...

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...

Investing genius Warren Buffett took the podium for this weekend's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) shareholder meeting to share his wisdom for three full hours. This company's annual event is always a goldmine for investors who are willing to learn, and the online video-st...

The COVID-19 crisis drove c lothing retailer J.Crew to file for Chapter 11 bankruptcy protection early Monday morning. The preppy fashion veteran is not going out of business at this point, having reached debt restructuring agreements with its major lenders. J.Crew has worked out a bankruptc...

It's the first major retailer to fall during the coronavirus pandemic, but it's unlikely to be the last. More news on: Capri Holdings Limited, Dillard's, Inc., L Brands, Inc., Consumer stocks news, Read more ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . U.S. stocks lost ground during yesterday's session, while futures slid another 2% overnight, as investors took profits at the close...

Two of the world's biggest credit insurers have reportedly stopped writing coverage for Macy's (NYSE: M) , increasing the likelihood the retailer will have a more difficult recovery once the coronavirus pandemic passes. Policies offered by credit insurers protect vendors and suppliers from a...