J.C. Penney Skips Another Payment, Enters Five-Day Grace PeriodBookmarkMay 08 2020, 3:41 AMMay 08 2020, 7:40 AMMay 08 2020, 3:41 AMMay 08 2020, 7:40 AM(Bloomberg) -- J.C. Penney Co. won’t make an interest payment due Thursday, another sign the company could be headed for bankruptcy.Disclaimer