Thread regarding JCPenney layoffs

This is where the fun begins

https://www.cnbc.com/2020/08/31/jc-penney-lenders-to-make-bid-for-department-store-in-bankruptcy.html

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| 1461 views | | 8 replies (last September 7, 2020) | Reply
Post ID: @OP+16IHmi89

8 replies (most recent on top)

It’s still slow in stores after opening only associates I can count on one hand on how many customers and all the damn returns we receive

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Post ID: @7nbh+16IHmi89

What’s the hold up? Pick a buyer and sell

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Post ID: @7xga+16IHmi89

Any updates on whether or not there’s a buyer?

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Post ID: @6yeh+16IHmi89

Makes me wonder if i should start looking elsewhere because i haven't heard from the store at all since being placed on furlough

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Post ID: @6yky+16IHmi89

I'm in Cincinnati. We have one in Colerain, Eastgate, and Florence KY not slated for closure. Fields Ertel is closing.

Any of those likely to start liquidation soon?

Eastgate came close to having Ohio's last Sears if it means anything

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Post ID: @1nwo+16IHmi89

To be honest, a lot of us that returned to work after the shutdown are pretty much over it. At the point where having to find a new job may be more favorable than the present working situations.

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Post ID: @1lml+16IHmi89

All the malls in Flyover Country about to lose an anchor.

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Post ID: @okp+16IHmi89

I was about to make a post on this. Most news outlets are reporting a September 10 deadline that all parties have agreed on. We all know Sussberg has been lying about how close a deal really was. Good luck to all that remain at JCP...this company is hanging on by a thread.

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Post ID: @yrs+16IHmi89

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