Affected by the epidemic, Jesse Penney department store, a century old store, applied for bankruptcy protection

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 Affected by the epidemic, Jesse Penney department store, a century old store, applied for bankruptcy protection


(function() {(window. Slotbydup = window. Slotbydup| []). Push ({ID: u5811557, container: ssp_, async: true});)) (); according to the information on the official website, J.C. Penney has a history of 118 years, and currently has about 850 stores in the United States and Puerto Rico with nearly 85000 employees. There were reports that novel coronavirus pneumonia had already faced nearly $4 billion in debt pressure before the outbreak of the new crown pneumonia outbreak, and competition from low discount retailers and the challenges of e-commerce companies. J.C.Penney Jill Soltau, its chief executive, said in a May 15 announcement that the company had made significant progress in its transformation strategy before the outbreak, but it had to adopt a financial restructuring strategy due to the closure of stores affected by the new crown outbreak. At the same time, Jill Soltau said that at this stage, the companys retail executive team is focusing on rebuilding the companys business, restoring its financial strength, and also making major reforms to the companys e-commerce platform. The restructuring plan is the best way to ensure that J.C. Penney will continue to serve its customers for decades to come. In addition, before J.C. Penney filed for bankruptcy, Neiman Marcus group, a 113 year old US luxury department store, filed for bankruptcy protection on May 7, local time, and obtained US $675 million in financing. A woman was kicked off by the U.S. Department of Commerce in public. The U.S. government extended Huaweis temporary license for another 90 days. It is reported that the U.S. government is considering delaying tariffs on imported goods around the world for 90 days. Only less than 1% of enterprises plan to withdraw their supply chain from China. Source: Beijing News Author: Wang Lin editor in charge: Zhang Chao Na 1563

According to the information on the official website, J.C. Penney has a history of 118 years, and currently has about 850 stores in the United States and Puerto Rico, with nearly 85000 employees. There were reports that novel coronavirus pneumonia had already faced nearly $4 billion in debt pressure before the outbreak of the new crown pneumonia outbreak, and competition from low discount retailers and the challenges of e-commerce companies. J.C.Penney Jill Soltau, its chief executive, said in a May 15 announcement that the company had made significant progress in its transformation strategy before the outbreak, but it had to adopt a financial restructuring strategy due to the closure of stores affected by the new crown outbreak.

At the same time, Jill Soltau said that at this stage, the companys retail executive team is focusing on rebuilding the companys business, restoring its financial strength, and also making major reforms to the companys e-commerce platform. This reorganization plan is to ensure J.C.Penney The best way to continue to serve customers in the coming decades.