JCPenney bankruptcy
The Latest
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J.C. Penney To Lay Off 1,000 Staff, Close 152 Stores As Virus Wallops Sales
The American department store chain operator is saddled by $4 billion in debt. 
The American department store chain operator is saddled by $4 billion in debt. -
JC Penney Goes Bankrupt, Could Shut Down Nearly 200 Shops Across The US
Retailer has $105 million debt payment due in June and around $300 million of annual interest. 
Retailer has $105 million debt payment due in June and around $300 million of annual interest.
