Department store chain J.C. Penney Co., struggling like other major retailers before the coronavirus pandemic, has been weighing its financial options for months. Now a report says those options might include filing for Chapter 11 bankruptcy protection from creditors though it has cash to keep operating.
Retailer JC Penney Reportedly May Seek a Financial Reset
Store Closings Upended Plans to Turn Around Business
CoStar News
April 15, 2020 | 8:15 P.M.
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