Media Summary: The company says shoppers won't see big changes right now, but new investors hope the deal will keep The nearly $950M deal comes five years after the struggling department store chain declared bankruptcy. The company blamed the Covid-19 pandemic for the need to file bankruptcy.
119 Jcpenney Stores Being Sold - Detailed Analysis & Overview
The company says shoppers won't see big changes right now, but new investors hope the deal will keep The nearly $950M deal comes five years after the struggling department store chain declared bankruptcy. The company blamed the Covid-19 pandemic for the need to file bankruptcy. The nearly $1 billion deal closes on September 8. For video licensing inquiries, contact: licensing.com.