JC PENNEY ENTERS CHAPTER 11 - Ron Di Lalla - Realtor -

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Real Estate Agent with Century 21 Discovery DRE 01813824

The coronavirus pandemic has pushed troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate.

As part of its reorganization, the 118-year-old company said late Friday it will be closing some of its stores and will disclose details and timing in the coming weeks.

It operates 850 stores and it has nearly 90,000 workers. It said that it received $900 million in financing to help it operate during the restructuring.

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Rainmaker
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Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Our major Shopping Center in Lancaster, PA has already lost 2 out of 4 anchors .

 

This would be #3  .

May 19, 2020 06:08 PM #1
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Rainmaker
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Ronald DiLalla

No. Orange Cty Real Estate
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