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20 May 2020 05:44:03 UTC
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J.C. Penney plans to close 242 stores in filing for bankruptcy | LBRY NEWS | Money Flicker
Days after filing for bankruptcy, J.C. Penney says it plans to close more than a fourth of its stores.
According to a document filed with the Securities and Exchanges Commission on Monday, approximately 29% of the retailer’s 846 stores, or 242 locations, will close between the current fiscal year and next fiscal year.
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According to a document filed with the Securities and Exchanges Commission on Monday, approximately 29% of the retailer’s 846 stores, or 242 locations, will close between the current fiscal year and next fiscal year.
Follow @moneyflicker For more posts
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