Is Jcpenney Going Out of Business in 2023? – why they shut down?
Is Jcpenney going out of business? One of the biggest department store chains in the country is JCPenney. In recent years, it has had financial difficulties. The business has seen dwindling revenues, shop closings, and a significant debt load. JCPenney submitted a Chapter 11 bankruptcy filing in May 2020. aiming to strengthen the company by … Read more