Reuters was first to report that J.C. Penney was preparing to file for bankruptcy protection, with plans to permanently close about a quarter of its roughly 850 stores—becoming the latest major U.S. retailer to succumb to fallout from the coronavirus outbreak.
Reuters first to report J.C. Penney to file for bankruptcy
08 May 2020, 12:00 am 1 minute
Type: Reuters Best
Win Types: Exclusivity
Story Types: Exclusive / Scoop