J.C. Penney files for bankruptcy and its survival couldn’t be more uncertain

J.C. Penney files for bankruptcy and its survival couldn’t be more uncertain

Another fallen retail giant has walked into the graveyard. And whether it ever leaves — and in what form — is a guess at best. Debt-laden department store J.C. Penney filed for Chapter 11 bankruptcy protection Friday evening. The filing — expected for the better part of a week — was being held up by […]