JCP - HoustonNewMedia.org https://houstonnewmedia.org/tag/jcp/ Building "Bridges" Across the Bayou City! Wed, 11 Nov 2020 00:50:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 JCP - HoustonNewMedia.org https://houstonnewmedia.org/tag/jcp/ 32 32 103504436 JCPenney purchase approved by court, on track to operate under new ownership this month https://houstonnewmedia.org/jcpenney-purchase-approved-by-court-on-track-to-operate-under-new-ownership-this-month/?utm_source=rss&utm_medium=rss&utm_campaign=jcpenney-purchase-approved-by-court-on-track-to-operate-under-new-ownership-this-month Wed, 11 Nov 2020 00:50:10 +0000 http://houstonnewmedia.org/?guid=1d802deac50bb86b15da2549331d4bf3 J.C. Penney (NYSE: JCP) is slated to begin operating under new ownership by late November after the U.S. Bankruptcy Court approved an asset purchase agreement, the company announced Nov. 9.

In September, the Plano, Texas-based retail giant reached a d...

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]]> 88653 J.C. Penney closing 154 stores, including 7 in Texas https://houstonnewmedia.org/j-c-penney-closing-154-stores-including-7-in-texas/?utm_source=rss&utm_medium=rss&utm_campaign=j-c-penney-closing-154-stores-including-7-in-texas Fri, 05 Jun 2020 18:39:52 +0000 http://houstonnewmedia.org/?guid=917df05fa0d57967504338db023011b0 J.C. Penney Co. Inc. (NYSE: JCP), one of a handful of struggling retail chains that filed for Chapter 11 bankruptcy protection last month, will shutter seven stores in Texas as part of a broad restructuring plan.

The Plano, Texas-based retailer on Ju...

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]]> 50176 J.C. Penney files for Chapter 11 bankruptcy protection https://houstonnewmedia.org/j-c-penney-files-for-chapter-11-bankruptcy-protection/?utm_source=rss&utm_medium=rss&utm_campaign=j-c-penney-files-for-chapter-11-bankruptcy-protection Sat, 16 May 2020 00:38:42 +0000 http://houstonnewmedia.org/?guid=13e2a6d160f3237bef1c614bd779a305 J.C. Penney Co. Inc. (NYSE: JCP) filed for Chapter 11 bankruptcy protection on May 15.

The company's initial petition, filed with the U.S. Bankruptcy Court for the Southern District of Texas in Corpus Christi, listed nearly $8.57 billion in total asse...

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