J.c. Penney News, Photos, Videos and Tweets

J.C. Penney slashing 1,000 jobs during bankruptcy

The Texas-based retailer also plans to close a third of its 846 stores in the next two years.

j.c. penney - CBS News
2:04pm PDT - July 15th, 2020

J.C. Penney to cut 1,000 jobs, close 152 stores - Reuters India

J.C. Penney Co Inc said on Wednesday it would cut about 1,000 jobs and shutter 152 stores as the U.S. department store chain looks to emerge from Chapter 11 protection and the COVID-19 crisis.

j.c. penney - Reuters
10:55am PDT - July 15th, 2020

J.C. Penney to cut 1,000 jobs, close 152 stores - Reuters

J.C. Penney Co Inc said on Wednesday it would cut about 1,000 jobs and shutter 152 stores as the U.S. department store chain looks to focus on profitability.

j.c. penney - Reuters
9:38am PDT - July 15th, 2020

Billionaire investor Marc Lasry says the Fed's rampant stimulus makes 2020 a once in a lifetime opportunity for investors, as the US economy is fundamentally fine

  • Billionaire hedge fund investor Marc Lasry thinks the Fed pouring in trillions of dollars into the system, despite the economy "doing fine" has been lucrative for investors. 
  • He called COVID-19 a "once in a lifetime opportunity" for investor…

    j.c. penney - Business Insider
    3:11am PDT - July 9th, 2020

Billionaire investor Marc Lasry says the Fed's rampant stimulus makes 2020 a once in a lifetime opportunity for investors, as the US economy is fundamentally fine

  • Billionaire hedge fund investor Marc Lasry thinks the Fed pouring in trillions of dollars into the system, despite the economy "doing fine" has been lucrative for investors. 
  • He called COVID-19 a "once in a lifetime opportunity" for investor…

    j.c. penney - Business Insider
    3:11am PDT - July 9th, 2020

Macy's reports $3.58 billion quarterly loss as COVID-19 hits business - Reuters

Macy's Inc on Wednesday reported a staggering $3.58 billion loss for the coronavirus-hit quarter as store shutdowns resulted in the department store chain recording a $3 billion impairment charge.

j.c. penney - Reuters
4:16am PDT - July 1st, 2020

Timeline: How the global coronavirus pandemic unfolded - Reuters India

Here are some key developments as the novel coronavirus spread around the world:

j.c. penney - Reuters
10:49pm PDT - June 28th, 2020

Timeline: How the coronavirus pandemic unfolded - Reuters India

Here are some key developments as the novel coronavirus spread around the world:

j.c. penney - Reuters
3:28pm PDT - June 28th, 2020

Timeline: How the coronavirus pandemic unfolded - Reuters UK

Here are some key developments as the novel coronavirus spread around the world:

j.c. penney - Reuters
3:15pm PDT - June 28th, 2020

Timeline: How the coronavirus pandemic unfolded - Reuters India

Here are some key developments as the novel coronavirus spread around the world:

j.c. penney - Reuters
3:15pm PDT - June 28th, 2020

Timeline: How the global coronavirus pandemic unfolded - Reuters

Here are some key developments as the novel coronavirus spread around the world:

j.c. penney - Reuters
3:07pm PDT - June 28th, 2020

TIMELINE-How the global coronavirus pandemic unfolded - Reuters

Here are some key developments as the novel coronavirus spread around the world:

j.c. penney - Reuters
2:59pm PDT - June 28th, 2020

Mall Landlords, Authentic Brands in Talks to Buy J.C. Penney

Simon Property Group and Brookfield Property Partners are looking at buying another struggling retailer.

j.c. penney - Bloomberg
9:58am PDT - June 15th, 2020