Long-struggling JC Penney files for bankruptcy as coronavirus crushes hopes for a quick turnaround

Posted by on May 15, 2020 6:43 pm
Tags:
Categories: US National Stories

J.C. Penney, weighed down by debt and battered by the coronavirus, has filed for bankruptcy. The retailer employed roughly 90,000 full- and part-time employees as of February.

Leave a Reply

Your email address will not be published. Required fields are marked *