The troubled retailer may not have the financial resources to survive the crisis.
News & Analysis: J.C. Penney
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Shoppers are avoiding malls, and may have no need for certain items until the pandemic passes.
The retailer wants customers to be able to shop without coming inside its stores.
Already circling the drain, J.C. Penney and GameStop are now in even deeper trouble.
The company's non-bankruptcy options continue to narrow.
The retailer still saw a big drop in comparable-store sales and its future remains dicey.
Between weak holiday sales and the threat of being delisted, the department-store retailer has plenty of work to do.
The struggling retailer wants to serve a broader customer base.
Poor Christmas sales sent shares tumbling, forcing it to consider a reverse stock split once more.