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JCPenney files for bankruptcy

Name: JCPenney files for bankruptcy
Uploaded: 2020-05-20T08:00:44-07:00
Channel: NBC Palm Springs
Description: (CNN) — JCPenney filed for bankruptcy on Friday, the latest retail giant to see its downfall hastened by the coronavirus crisis. The pandemic was the final blow to a 118-year-old company struggling to overcome a decade of bad decisions, executive instability and damaging market trends. The company said it has an agreement with most of its lenders on […]

By: Ceci Partridge

May 20, 2020

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