American department store JC Penney has filed for bankruptcy becoming the latest company to be hit by Covid-19. The 118-year-old store sells clothing, cosmetics and jewellery at over 850 locations ...
Following JCPenney's 2020 bankruptcy, one Twin Cities store is set to hit the market as part of a large portfolio sale.
the entity formed after JCPenney's 2020 bankruptcy proceedings. The trust was created in 2021 to sell 160 stores and a half-dozen industrial properties to help reimburse the retailer's investors.
an entity created in 2021 to sell 160 stores and some industrial properties to reimburse investors after JCPenney’s bankruptcy. So far, the trust has completed the sales of 37 stores and six ...