JCP News and Press, J.C. Penney Company Inc. From 05/17/20

J.C. Penney (NYSE: JCP ) received bankruptcy court approval of its "first day" motions , paving the way for continued operations as it looks to reorganize. More news on: J. C. Penney Company, Inc., Consumer stocks news, Read more ...

As widely expected by investors and retail sector experts, J.C. Penney (NYSE: JCP) has filed for Chapter 11 bankruptcy protection. The troubled company, already hobbled by the retail apocalypse consuming the sector in recent years, was dealt a crippling blow by the SARS-CoV-2 coronav...

We have likely just entered a recession, which is defined as an economic decline lasting multiple quarters. Recessions are typically scary times for individuals, businesses, and the stock market. Yet this is an unusual recession.  Since the current recession has been caused by a pandemic, a...

  Continuing to Serve Customers Compelling Merchandise in Select Stores and on jcp.com Highly Experienced and Dedicated Retail Leadership Team Executing Transformation Strategy J. C. Penney Company, Inc. (NYSE: JCP) today announced that it has received approvals from the U.S. ...

Bankruptcy Judge David Jones said in an emergency hearing today he will allow J.C. Penney (NYSE: JCP ) to access its cash reserves in Chapter 11. JCP says it has $450M cash on hand to pay for employees, restock stores, and pay bankruptcy fees. More news on: J. C. Penn...

J.C. Penney's (NYSE: JCP ) bankruptcy plan includes a proposal to spin some of its property into a real estate investment trust . More news on: J. C. Penney Company, Inc., Consumer stocks news, Read more ...

Source: Barron's Millions of Americans are staying at home to help stem the spread of the coronavirus. It has also hurt traditional retailers, as many of their stores have been shut down temporarily. Traditional retailers have been left vulnerable with billions in unsold inventory. Ross St...

JC Penney (NYSE: JCP ), earlier halted , confirms it has filed for bankruptcy, ending weeks of speculation on the ways forward for the struggling retailer. More news on: J. C. Penney Company, Inc., Kohl's Corporation, Macy's, Inc., Stocks on the move, News on the U.S. economy, News on ETF...

  Despite JCPenney’s Significant Progress in Executing its Transformation Strategy, Impact of Unprecedented Coronavirus (COVID-19) Pandemic Necessitates Accelerated Financial Restructuring Customers Continue to Find the Stylish Merchandise in Select Stores and on jcp.com ...

Friday brought further volatility to the stock market, although most major benchmarks managed to finish the day in the green. Losses earlier in the session seemed to come from nervousness about whether reopening parts of the economy in some states will lead to a coronavirus backlash or help to g...