Penney-less: COVID-19's biggest bankruptcy yet

And other tales from retail

May 19, 2020 | Current events | Business
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JC's Penney-less

The 118-year-old, frequently-misspelled clothing giant has filed for Chapter 11 bankruptcy protection, making it the largest American retailer to do so during the pandemic. Nearly $5 billion in debt, JCPenney intends to reduce its retail footprint and potentially split into both a retailer and real...

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