J. C. Penney to close over 152 stores, cut around 1,000 jobs
J. C. Penney says it's closing 152 stores around the country, cutting around 1,000 jobs.
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Jul 16, 2020, 9:40 AM
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Updated 1,624 days ago
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J. C. Penney says it's closing 152 stores around the country, cutting around 1,000 jobs.
The company is looking to emerge from bankruptcy protection.
Even before the coronavirus pandemic started, J. C. Penney had nearly $4 billion of debt.
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