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JC Penney Co Inc

  • Sunday, 29 December, 2024
    Judicial scandal surfaces in fight over bankruptcy of JC Penney

    Creditors challenge controversial restructuring terms of US retailer in courtroom of Texas judge in 2020

    A montage of JC Penney and Judge David Jones
  • Tuesday, 29 August, 2023
    Unhedged
    The loan with the 545% interest rate  Premium content

    Aggressive tactics are seeping into bankruptcy financing

  • Tuesday, 10 November, 2020
    Simon Property Group Inc
    America’s biggest mall operator gets go-ahead for $1.75bn JCPenney deal

    Simon Property Group and Brookfield win approval to buy US store chain out of bankruptcy

    JCPenney had more than 800 stores and employed about 90,000 people before it filed for Chapter 11 bankruptcy in May
  • Thursday, 20 August, 2020
    Due Diligence
    Self-help dealmaking: Simon says let’s go shopping Premium content

    Amid the retail reckoning, the mall landlord is buying up its tenants

  • Tuesday, 9 June, 2020
    US equities
    Retail investors bet on bankrupt US companies rising again

    Shares in Hertz surge more than 800% since car hire group filed for Chapter 11

    Hertz filed for Chapter 11 bankruptcy protection in May
  • Friday, 15 May, 2020
    JCPenney buckles under debt load and files for bankruptcy

    US department store is latest retailer to be pushed over the edge by lockdowns

  • Thursday, 7 May, 2020
    Due Diligence
    The decline of an American institution Premium content

    How the coronavirus outbreak has accelerated the demise of US department stores

  • Friday, 17 April, 2020
    LexUS retail
    US retail: JCPenney dreadful Premium content

    Putting zombie retailers to rest will give the wider sector a chance to breathe easier

  • Wednesday, 15 April, 2020
    US retail
    JCPenney misses bond payment, considers options

    Department store chain’s move is starkest sign yet of distress in US retail sector

  • Wednesday, 5 February, 2020
    Robert Armstrong
    How to avoid a corporate zombie apocalypse

    Investors must put pressure on weak companies when interest rates do not

    web_Zombie industries
  • Thursday, 9 January, 2020
    Retail sector
    US mall retailers hit by declining holiday sales

    JCPenney shares plunge after company delivers ‘more gloom than the grinch’

    Pedestrians walk past a JC Penney Co. store at the Queens Center Mall in the Queens borough of New York, U.S., on Thursday, Feb. 25, 2016. JC Penney Co. is scheduled to release earnings figures on February 26. Photographer: Michael Nagle/Bloomberg
  • Friday, 19 July, 2019
    JC Penney tumbles on debt restructuring talk
  • Tuesday, 21 May, 2019
    US retail
    Falling sales at big US department stores spark sell-off

    Health of US consumer back in focus after Nordstrom, Kohl’s and JC Penney disappoint

    A shopper prepares to pay for items at a Kohl's Corp. department store in Peru, Illinois, U.S., on Thursday, May 16, 2019. Kohl's is scheduled to report quarterly earnings on May 21. Photographer: Daniel Acker/Bloomberg
  • Thursday, 28 February, 2019
    JC Penney notches another annual loss as sales keep sliding
    The JCPenney store in the Manhattan Mall in New York on Tuesday, February 26, 2019. The J.C. Penney Co. is scheduled to report fourth-quarter earnings on February 28. (Â Richard B. Levine)
  • Tuesday, 2 October, 2018
    Retail & Consumer industry
    JCPenney taps Jill Soltau for top job ending months-long search for CEO
  • Thursday, 27 September, 2018
    US & Canadian companies
    JC Penney CFO to leave retailer by end of September
  • Thursday, 16 August, 2018
    Retail & Consumer industry
    JC Penney bonds tumble after disappointing earnings
  • Thursday, 16 August, 2018
    US & Canadian companies
    JCPenney shares plunge to record low as it cuts full-year outlook

    US department store chain reports disappointing sales and widening losses

  • Thursday, 9 August, 2018
    Retail & Consumer industry
    JCPenney to ‘seize opportunity’ left by Babies ‘R’ Us liquidation
  • Tuesday, 22 May, 2018
    Retail & Consumer industry
    JC Penney CEO steps down, joins Lowe’s

    Surprise announcement sends JCP shares to a new record low

  • Monday, 21 May, 2018
    Special ReportRisk Management: Property
    Warning to retail tenants: adapt or die

    Business failures have hit investment returns but prime locations are still in demand

    A woman shops at a Toys R Us store in Alhambra, California, on December 19, 2017 amid reports Toys R Us may close up to 200 stores across the US while suffering from weak holiday sales. Toys R US filed for Chapter 11 bankruptcy protection earlier this year and US sales have dropped some 15 percent this holiday season compared with a year ago. / AFP PHOTO / FREDERIC J. BROWN (Photo credit should read FREDERIC J. BROWN/AFP/Getty Images)
  • Thursday, 17 May, 2018
    US retail
    JC Penney cuts profit guidance as cold weather chills sales
  • Thursday, 17 May, 2018
    Instant InsightAndrew Hill
    Mothercare: rehiring the former chief executive is a last resort

    The retailer tests the idea that a restored old guard can lead a new strategy

    MARK SELECTED (5).jpg Mark Newton-Jones is the Group Chief Executive of Shop Direct Group Ltd, the UKÕs leading online and home shopping retailer. Shop Direct Group was formed as the result of the merger of Littlewoods Home Shopping and Shop Direct, the home shopping business of GUS plc, in 2005.
  • Thursday, 10 May, 2018
    US & Canadian companies
    Macy’s leads decline on downgrade as department stores slip
  • Thursday, 22 March, 2018
    US & Canadian companies
    US shopping mall slump knocks jewellers

    As more people shop online, physical stores are becoming a millstone for brands

    A pedestrian passes in front of a Macy's Inc. department store in New York, U.S., on Tuesday, Feb. 13, 2018. Macy's Inc. is scheduled to release earnings figures on February 27. Photographer: Victor J. Blue/Bloomberg
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