JCPenney has added two more stores to the list of locations it plans to close. Both stores are located in New York City. One location is in the Manhattan Mall. The other location is in Brooklyn Kings Plaza. The department store chain filed for Chapter 11 bankruptcy in May. JCPenney later said it planned to close about 30% of its stores.
Eager shoppers have queued for hours as 16 Penneys stores reopened across the Republic of Ireland. Some shops were due to open at 10.30am, but as the queues built up, gardai advised managers to open earlier at 8.45am. Some 150 people were in the queue at Dublin’s Henry Street store when the doors were opened.
Credit: PA - Press Association STUDIO Duration: 00:58Published
JCPenney has launched a new bedding brand. The brand is called Linden Street. Business Insider says the new brand comes just over a week after the department store filed for bankruptcy. JCPenney said that refreshing its merchandise offering would be a key part of its transformation strategy in bankrutpcy.