J.C. Penney

Brands Encouraging People to Vote

Fashion Scoops

These Fashion and Beauty Brands Are Giving Employees Time Off to Vote on Election Day 2020

Major brands and retailers are declaring Election Day as a paid holiday or giving employees paid time off to ensure they can vote in the upcoming presidential election.

clock September 24, 2020Layla Ilchi

j.c. penney store

Legal

J.C. Penney Reaches Tentative $1.75B Deal With Mall Cos., Lenders

The retailer told a Texas bankruptcy court Wednesday that it agreed to a tentative deal toward a sale that would keep its doors open.

clock September 9, 2020Sindhu Sundar

Rickey Thompson

Financial

PVH Registers More Quarterly Losses, but Beats Wall Street’s Expectations

Despite nearly $52 million in losses, the company sees strength in its digital and international businesses.

clock September 2, 2020Kellie Ell

August 08, 2020: An overall view of a Mid-Town street corner with a person holding a store closing sign as business struggle to stay in business in Manhattan, New York. Mandatory credit: Kostas Lymperopoulos/CSM (Credit Image: © Kostas Lymperopoulos/CSM via ZUMA Wire) (Cal Sport Media via AP Images)

Legal

Retail Workers Face Rough Road in Corporate Bankruptcies

Store employees face a disproportionate burden of job insecurity and loss of vital benefits, and tend to lack a strong voice in the process.

clock September 2, 2020Sindhu Sundar

j.c. penney store

Retail

J.C. Penney Moves With Lenders Amid ‘Stalemate’ With Other Prospects

The retailer said it’s at an impasse with prospective third-party bidders, and that it plans to move on a sale deal with its lenders.

clock August 31, 2020Sindhu Sundar

work from home

Legal

Exiting Bankruptcy

Some major retailers who filed for Chapter 11 during the pandemic are moving onward after a trip in court during an extraordinary time.

clock August 31, 2020Sindhu Sundar

j.c. penney store

Legal

J.C. Penney Plods On In Talks Toward Sale Deal

The retailer told a Texas bankruptcy court Wednesday that negotiations on a sale are still ongoing.

clock August 12, 2020Sindhu Sundar

Stein Mart

Financial

Stein Mart Files Chapter 11 Bankruptcy

The off-price department store said it will likely close all of its 281 brick-and-mortar locations.

clock August 12, 2020Kellie Ell

All the Major Fashion Brands and Retailers Severely Impacted by the COVID-19 Pandemic

Fashion Scoops

All the Major Fashion Brands and Retailers Severely Impacted by the COVID-19 Pandemic

A comprehensive look at the many ways the coronavirus has severely hit brands across the industry.

clock August 6, 2020Layla Ilchi

John Tighe

Mens Clothing Furnishings

John Tighe Resigns as President of Peerless Clothing

No successor has been named for North America’s largest manufacturer of tailored clothing.

clock August 4, 2020Jean E. Palmieri

JC Penney store at the Willowbrook Mall in Wayne, NJ.

Legal

J.C. Penney Seeks Approval for $47.7M ‘Key Employee’ Payments

The retailer sought payments it argued were necessary to retain a number of key employees, who do not include top management.

clock August 3, 2020Sindhu Sundar

JC Penney's

Legal

J.C. Penney Hurtles Toward a Sale Process

The retailer said Wednesday that it is moving “incredibly fast” toward a going concern sale, and negotiating with lenders and bidders.

clock July 29, 2020Sindhu Sundar

A J.C. Penney mall store.

Legal

J.C. Penney’s Key Weeks Ahead

As the retailer turns in its business plan, the timing of its approval may determine an outcome between restructuring or possible sale.

clock July 8, 2020Sindhu Sundar

A city block in the SoHo section of New York City remains empty due to the Coronavirus outbreak.Coronavirus Outbreak, New York, USA - 17 Mar 2020

Retail

Bankruptcy Scorecard

Some retailers in bankruptcy during the pandemic are attempting to pull off a high-wire act. Here’s where they stand.

clock July 6, 2020Sindhu Sundar

People waiting to shop amid the coronavirus pandemic in Brooklyn, NY.

Legal

J.C. Penney Works to Stay the Course

The retailer told a Texas bankruptcy court on Wednesday that it is aiming to hit key milestones this month around its business plan.

clock July 1, 2020Sindhu Sundar

Load More Arrow

Essentialist

Today's Must Read

A look from Charles de Vilmorin's capsule collection.

Fashion

Rising Designer Charles de Vilmorin Has No Time to Waste

clock 15hJoelle Diderich

Social Studies