1. JC Penney

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    2. JC Penney Is Planning to File for Bankruptcy in the Next Day, Sources Say

      JC Penney Is Planning to File for Bankruptcy in the Next Day, Sources Say
      The Plano, Texas-based retailer is planning on filing for bankruptcy in Corpus Christi, Texas, the people said. It has been negotiating with its first lien lenders a $450 million loan to finance the bankruptcy, which would require the troubled retailer to hit certain goals to receive the second half of it, CNBC previously reported...
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      Mentions: Sears stake JC Penney
    3. W. Paul Jones to Join JCPenney Board of Directors

      W. Paul Jones to Join JCPenney Board of Directors
      PLANO, Texas - (July 10, 2019) - J. C. Penney Company, Inc. (NYSE: JCP) today announced that W. Paul Jones, a retail industry veteran with more than 30 years of department store and specialty retailing experience, was elected to its Board of Directors. Jones served as chief executive officer of Payless ShoeSource, retiring in 2017, and brings extensive leadership, merchandising and operations proficiency to the JCPenney board...
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