J.C. Penney Co. dressed middle-class American households for more than a century, however its failure to develop as shopping practices changed in the previous years set the seller on a long march towards insolvency.
On Friday, Penney filed for chapter 11 bankruptcy defense in Texas, becoming the biggest in a parade of retailers to look for a court restructuring during the coronavirus pandemic. Neiman Marcus Group Inc., J.Crew Group Inc. and Stage Stores Inc. have actually all declared personal bankruptcy this month.
…
%%.
source https://jobsearchtips.net/j-c-penney-pinched-by-coronavirus-files-for-bankruptcy/
No comments:
Post a Comment