Department store retail chain JC Penney has long been struggling and was hoping for a turnaround until COVID-19 happened. The company has now filed for bankruptcy as coronavirus has caused the chain to be weighed down by debt. Sales have been falling annually for JC Penney since 2016. The company lost money in eight of … Continue reading “Coronavirus Causes JC Penney to File for Bankruptcy”
Author: Sophia Vida
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