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The traditional chain store found itself with insufficient liquidity to pay its debts.

Bankrupt JCPenney Has $980M in Cash Flow, Reopened Almost All

JC Penney files for bankruptcy during coronavirus pandemic

JC Penney, century-old mainstay of US malls, declares bankruptcy

Pandemic claims another retailer: 118-year-old J.C. Penney

Iconic 118-year-old chain JC Penney files for bankruptcy, as

J.C. Penney Files for Bankruptcy, Closing Some Stores - The New

J.C. Penney is on course to emerge from bankruptcy

J.C. Penney Rushes to Finalize Sale to Lender, Landlord Group

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