Hertz files for bankruptcy
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JCPenney files for bankruptcy
New York (CNN Business)JCPenney filed for bankruptcy. The coronavirus crisis was the final blow to a 118-year-old company struggling to overcome a decade of bad decisions, executive instability and damagingmarket trends.
The company said it has an agreement …
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J.Crew has filed for bankruptcy
New York (CNN Business)J.Crew Group, which operates the J.Crew and Madewell brands, has become the first national US retailer to file for bankruptcy protection since the coronavirus pandemic forced a wave of store closures.
The clothing retailer said Monday …
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