The struggling department store operator wants to proactively address its towering debt load -- before a crisis leaves it with no alternative to bankruptcy.
News & Analysis: J.C. Penney
The retailer challenges a recent report that it’s trying to restructure its debt.
Bad news on several different fronts held these stocks back.
Shares of the department store chain fell on reports about a debt restructuring.
Retail isn't dead, but it looks a lot different from just a few years ago.
It's not just Netflix riding on the success of the third season of the cult fave, as Coca-Cola, Burger King, Universal Studios, and even J.C. Penney have coattails to ride.
Shares of the retailer surged after the company named a new head of its women's apparel business.
The management teams at both midprice department store companies are confident about their plans, but there aren't many clear signs of progress.
The retail chain had a terrible quarter that was more about managing the downward spiral than returning to growth.
But there are flickers of hope on the horizon.