Reuters first to report J.C. Penney to file for bankruptcy

08 May 2020, 12:00 am. 1 minute

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.

Article Tags

Type: Reuters Best

Sectors: Equities

Regions: Americas

Win Types: Exclusivity

Story Types: Exclusive / Scoop

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Reuters first to report J.C. Penney to file for bankruptcy

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