JCP News and Press, J.C. Penney Company Inc. From 05/14/20

Just because J.C. Penney (NYSE: JCP) is expected to file for bankruptcy on Friday, missed its bond payments , is scrounging in the couch cushions for money to keep going through a restructuring, and has furloughed tens of thousands of employees doesn't mean its executives don't deserve ...

Gainers: SIFCO Industries (NYSEMKT: SIF ) +94% . More news on: SIFCO Industries, Inc., Creative Realities, Inc., United Natural Foods, Inc., Stocks on the move, , Read more ...

For a minute there it looked like J.C. Penney (NYSE: JCP) was about to lose its business partner , Sephora, the beauty and skin care products giant owned by LVMH Moet Hennessy Louis Vuitton   (OTC: LVMUY) . Last week, Sephora announced it wanted to end their agreement to operate store...

J.C. Penney (NYSE: JCP) was expected to be the first retailer to declare bankruptcy due to the coronavirus lockdown, but was beaten to the punch by J.Crew and Neiman Marcus. Yet it looks as though the once-venerable department store will succumb at last as the retailer is reportedly seeki...

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 . Investors will be closely monitoring today's speech from Jerome Powell as he discusses current economic issues in a webcast hosted...

J.C. Penney (NYSE: JCP ) is talking with first-lien lenders to secure $450M in financing , with an eye toward filing for bankruptcy on Friday, CNBC reports. More news on: J. C. Penney Company, Inc., Consumer stocks news, Top stock market news, Read more ...

In this episode of Industry Focus: Wildcard , Dylan Lewis and Motley Fool contributor Dan Kline discuss what happens in a bankruptcy filing, why they happen, what the available options are for businesses to avoid them, and how they can emerge stronger from them. They take a look at some compa...

Source: Barron's The coronavirus has led to a practical shutdown of the U.S. economy. Impulse buys could dry up for now. Traditional retailers have had a tough go of it, as many of their stores have been shut down amid the pandemic. J.C. Penney (JCP) is expected to file bankruptcy within...

By Jharonne Martis. Retailers are getting ready to report Q1 2020 earnings. As they navigate through uncharted territory, many are withdrawing their earnings guidance. The coronavirus pandemic has also prolonged retail store closures all over the world. However, some U.S. states are reopen...

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...