JCPenney department store files for bankruptcy

JCPenney department store files for bankruptcy

May 16, 2020 Darnetta Mahaffy 0

JCPenney has become the latest retail casualty of the coronavirus crisis. The iconic United States department store chain has filed for bankruptcy and will close a number of its stores as it restructures its $5.7 billion dollar debt load. The 118-year-old …