jcpenney news update today


  • 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.
  • What are the issues that JCPenney is facing?

    The company was unprofitable every year beginning in 2011 and its sales fell each year starting in 2015. In May of 2020, soon after the Covid-19 pandemic began and JCPenney was forced to close stores temporarily, the company filed for bankruptcy after 118 years in business.
  • Is JCPenney back in business?

    Mired in the troubles of the department store sector plus missteps of its own, the retailer finally collapsed into bankruptcy in 2020. The company emerged from that with new owners, yet another new CEO and, now, a new marketing campaign with the hopeful slogan “Shopping is back”
  • 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.
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JC Penney Makes $17 Million Interest Payment  Files for Chapter

JC Penney Makes $17 Million Interest Payment Files for Chapter


JCPenney Newsroom

JCPenney Newsroom


JC Penney to shut 40 stores and cut 2 250 jobs this year

JC Penney to shut 40 stores and cut 2 250 jobs this year


JCPenney Newsroom

JCPenney Newsroom


Buyout firm Sycamore Partners in talks to buy troubled JC Penney

Buyout firm Sycamore Partners in talks to buy troubled JC Penney


JCPenney to shut four New Hampshire stores in nationwide closing

JCPenney to shut four New Hampshire stores in nationwide closing


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

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


JCPenney Credit Cards \u0026 Rewards Program - Worth It? [2020]

JCPenney Credit Cards \u0026 Rewards Program - Worth It? [2020]


No Kentucky JC Penney stores slated to close

No Kentucky JC Penney stores slated to close


JCPenney - Wikipedia

JCPenney - Wikipedia


JCPenney - Wikipedia

JCPenney - Wikipedia


JCPenney Application Online PDF \u0026 2021

JCPenney Application Online PDF \u0026 2021


JCPenney Newsroom

JCPenney Newsroom


JC Penney to close three NY stores; Fingerlakes Mall location

JC Penney to close three NY stores; Fingerlakes Mall location


JCPenney Newsroom

JCPenney Newsroom


JCPenney - Wikiwand

JCPenney - Wikiwand


JC Penney store closings list

JC Penney store closings list


JCPenney closing 33 stores  slashing 2 000 jobs

JCPenney closing 33 stores slashing 2 000 jobs


Old JCPenney to have space for 5 tenants in Coon Rapids

Old JCPenney to have space for 5 tenants in Coon Rapids


JC Penney

JC Penney


JC Penney closing Ottumwa store

JC Penney closing Ottumwa store


to View PDF of all 5 Articles Combined - Retail Geeks

to View PDF of all 5 Articles Combined - Retail Geeks


JC Penney Company  Inc - Investor Relations

JC Penney Company Inc - Investor Relations


US retailer JC Penney files for bankruptcy protection

US retailer JC Penney files for bankruptcy protection


Diamondsnet - Jewelry Strong for JC Penney  Macy's

Diamondsnet - Jewelry Strong for JC Penney Macy's


Jc Penney Group Project 042513 v 2

Jc Penney Group Project 042513 v 2


Sequim JCPenney to close permanently after

Sequim JCPenney to close permanently after


US retailer JC Penney files for bankruptcy protection

US retailer JC Penney files for bankruptcy protection


JC Penney Avoids Liquidation in Sale to Mall Operators Simon and

JC Penney Avoids Liquidation in Sale to Mall Operators Simon and


Clearfield JCPenney store closing

Clearfield JCPenney store closing


JC Penney Makes $17 Million Interest Payment  Files for Chapter

JC Penney Makes $17 Million Interest Payment Files for Chapter


JC Penney IDs stores slated for closure (see the full list) – Real

JC Penney IDs stores slated for closure (see the full list) – Real


JCPenney Reopening Some Indiana Stores

JCPenney Reopening Some Indiana Stores


JC Penney Files For Bankruptcy As Lockdowns Take Their Toll

JC Penney Files For Bankruptcy As Lockdowns Take Their Toll


New Logo  Slogan for JC Penney – WWD

New Logo Slogan for JC Penney – WWD


JCPenney Book - [PDF Document]

JCPenney Book - [PDF Document]


JCPenney Black Friday 2021 Ad and Deals

JCPenney Black Friday 2021 Ad and Deals


JCPenney Files For Bankruptcy Under Chapter 11

JCPenney Files For Bankruptcy Under Chapter 11


JC Penney Logo - Download JC Penney vector logo (SVG) from logotypus

JC Penney Logo - Download JC Penney vector logo (SVG) from logotypus


Full List of JC Penney Store Closings; Chain Cutting Jobs

Full List of JC Penney Store Closings; Chain Cutting Jobs

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