Exclusive: J.C. Penney explores bankruptcy as hopes for recovery fade - sources
April 15, 20204 min read780 words
Published: April 15, 2020  |  4 min read780 words
By NEW YORK (Reuters) - J.C. Penney Co Inc is exploring filing for bankruptcy protection after the coronavirus pandemic forced the U.S. retailer to temporarily shut its 850 department stores, upending its turnaround plans, according to people familiar with the matter.The Plano, T...
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