Long-struggling JC Penney files for bankruptcy as coronavirus crushes hopes for a quick turnaroundJ.C. Penney, weighed down by debt and battered by the coronavirus, has filed for bankruptcy. The retailer employed roughly 90,000 full- and part-time workers as of February.[Collection]

J.C. Penney, weighed down by debt and battered by the coronavirus, has filed for bankruptcy. The retailer employed roughly 90,000 full- and part-time workers as of February.https://www.cnbc.com/2020/05/15/jc-penney-bankruptcy-filing.html