A view of a temporarily closed JCPenney store at The Shops at Tanforan Mall on May 15, 2020 in San Bruno, California. JCPenney avoided bankruptcy after the company paid down paid $17 million in debt on Friday after missing two previous payments.JCPenney has an estimate $3.6 billion in debt.
Is JCPenney relevant to younger shoppers? CEO says yes
JCPenney CEO Marc Rosen discusses how the retailer is attempting to succeed after bankruptcy by strengthening online sales, appealing to its diverse clientele, and attempting to offer value during a time of high inflation.
02:14 - Source: CNN Business
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A view of a temporarily closed JCPenney store at The Shops at Tanforan Mall on May 15, 2020 in San Bruno, California. JCPenney avoided bankruptcy after the company paid down paid $17 million in debt on Friday after missing two previous payments.JCPenney has an estimate $3.6 billion in debt.
Is JCPenney relevant to younger shoppers? CEO says yes
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