jcpenney financial news today


  • Is JCPenney financially stable?

    J.C. Penney's sales have stayed relatively steady since 2021, but profits are declining. Net sales, in billions, and net income or loss, in millions, from the first quarter of 2021 to the third quarter of 2022. Toggle between the tabs above to see net sales, in billions, and net income or loss, in millions.
  • What happened with JCPenney?

    JCPenney's debt of about $4 billion forced it into bankruptcy in May 2020. It now has $485 million in long-term debt and liquidity of $1.5 billion. Long-term debt was reduced by $500 million in December 2021.
  • Is JCPenney back in business?

    JCPenney has around 670 stores today and has little debt for the first time in years. The company is owned by mall landlords Simon Property Group (SPG) and Brookfield Asset Management (BAM). The two firms rescued JCPenney out of bankruptcy for $1.75 billion in the fall of 2020.
  • The company was saddled with debt and spent the last decade with a continual turnover in CEOs, new store designs that couldn't spark interest, initiatives and rebrands that didn't resonate with customers. The once-beloved retailer has been unprofitable since 2010 with net losses of $4.5 billion.
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JCPenney Newsroom

JCPenney Newsroom


JCPenney Newsroom

JCPenney Newsroom


JCPenney Newsroom

JCPenney Newsroom


JCPenney Newsroom

JCPenney Newsroom


JCPenney Newsroom

JCPenney Newsroom


JCPenney Newsroom

JCPenney Newsroom


JCPenney Newsroom

JCPenney Newsroom


JCPenney Newsroom

JCPenney Newsroom


JCPenney Newsroom

JCPenney Newsroom


to View PDF of all 5 Articles Combined - Retail Geeks

to View PDF of all 5 Articles Combined - Retail Geeks


JCPenney Newsroom

JCPenney Newsroom


JCPenney Newsroom

JCPenney Newsroom


JC Penney plans to close more than 240 stores

JC Penney plans to close more than 240 stores


Jc Penney Group Project 042513 v 2

Jc Penney Group Project 042513 v 2


Buyout firm Sycamore Partners in talks to buy troubled JC Penney

Buyout firm Sycamore Partners in talks to buy troubled JC Penney


JC Penney Makes $17 Million Interest Payment  Files for Chapter

JC Penney Makes $17 Million Interest Payment Files for Chapter


JCPenney Newsroom

JCPenney Newsroom


JCPenney closing 33 stores  slashing 2 000 jobs

JCPenney closing 33 stores slashing 2 000 jobs


Reopening today at the Acadiana Mall: JC Penney  H\u0026M  two others

Reopening today at the Acadiana Mall: JC Penney H\u0026M two others


Coronavirus wreaks havoc on JC Penney's future

Coronavirus wreaks havoc on JC Penney's future


J C Penney Assets Are Being Bought But Not The Actual Company

J C Penney Assets Are Being Bought But Not The Actual Company


JCPenney - Wikipedia

JCPenney - Wikipedia


Jcpenney cashier

Jcpenney cashier


JCPenney to shut four New Hampshire stores in nationwide closing

JCPenney to shut four New Hampshire stores in nationwide closing

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