J.C. Penney plans to cut 1,000 of its roughly 85,000 jobs as it tries to fight its way out of bankruptcy protection. The jobs to be eliminated include corporate, field management and international ...

J.C. Penney is running low on pennies. The storied, 118-year-old department store is preparing to file for bankruptcy as early as next week, Reuters reported Friday. The rumor mill has been churning ...

At one level, last week's announcement that JC Penney was going to stop wooing younger customers in favor of focusing on baby boomer moms seems to make a lot of sense. During the devastating Ron ...

J.C. Penney (JCPN.Q +0.00%) has struggled with weak sales and profitability for nearly a decade due to a failed makeover attempt and falling mall traffic. The COVID-19 pandemic was the last straw for ...