Home > CMF Newslinks > MBA Commercial/Multifamily NewsLink Sept. 3

J.C. Penney Sale Talks Stall, Pushing Retailer to Brink

September 1, 2020

Reuters, Aug. 31, 2020–Mike Spector
J.C. Penney Co. Inc.’s talks with landlords for a rescue from bankruptcy proceedings reached an impasse, pushing the department store to the brink of collapse unless it can reach a deal within days to be taken over by lenders.
https://www.reuters.com/article/us-j-c-penney-survival-bankruptcy/j-c-penney-sale-talks-stall-pushing-retailer-to-brink-idUSKBN25R2L9

Read next article
Back to Full Issue