J.C. Penney Filed For Bankruptcy Protection | |||
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Video Credit: Wochit - Duration: 00:32s - Published
 J.C. Penney Filed For Bankruptcy ProtectionJ.C. Penney Co Inc. Filed for bankruptcy protection during the coronavirus pandemic. According to Reuters, they plan to permanently close some stores and are exploring a possible sale. The store said it reached an agreement with existing lenders for $900 million of debtor-in-possession financing. The retailer said it has an additional $500 million in cash on hand before the bankruptcy filing. The 118-year-old department store chain once operated more than 1,600 locations. |
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 Chris Caustic J.C. Penney announced Friday afternoon that it had filed for Chapter 11 bankruptcy protection, after nine years str… https://t.co/8XotctzMdE 2 minutes ago  MercoPress An icon of US retail industry, J.C. Penney filed for bankruptcy protection https://t.co/JKvxXhmOde 50 minutes ago  focusview RT @ReutersBiz: WATCH: J.C. Penney filed for bankruptcy protection as forced store closures delivered the final blow to a business already… 1 hour ago  Alex Higdon RT @ReutersBiz: WATCH: J.C. Penney filed for bankruptcy protection, with plans to permanently close some stores and to explore a possible s… 2 hours ago  Vision GR 2020 💖 SL RT @Reuters: J.C. Penney filed for bankruptcy protection, with plans to permanently close some stores and to explore a possible sale https:… 2 hours ago  Amit Tank RT @ReutersIndia: J.C. Penney filed for bankruptcy protection as forced store closures delivered the final blow to a business already in de… 3 hours ago  Nicki Albrecht Is It The Corona Virus …… Or A Changing Retail World ?! "J.C. Penney filed for Chapter 11 bankruptcy protection on… https://t.co/ze0F6FWOZF 3 hours ago  Janvie Amido RT @Reuters: J.C. Penney filed for bankruptcy protection as forced store closures delivered the final blow to a business already in decline… 4 hours ago |