AFTER 118 YEARS, JCPENNEY FILES FOR CH 11. 2,000 stores—only 846 stores left. JCrew & Neiman Marcus also have dept. store Mayday. They blame corona—but WMT, TGT & AMZN made them very weak.
https://www.google.com/amp/s/amp.cnn.com/cnn/2020/05/15/business/jcpenney-bankruptcy/index.html
AFTER 118 YEARS, JCPENNEY FILES FOR CH 11. 2,000 stores—only 846 stores left. JC…
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Al Norman
Al Norman first achieved national attention in October of 1993 when he successfully stopped Wal-Mart from locating in his hometown of Greenfield, Massachusetts. Almost 3 decades later they is still not Wal-Mart in Greenfield. Norman has appeared on 60 Minutes, was featured in three films, wrote 3 books about Wal-Mart, and gained widespread media attention from the Wall Street Journal to Fortune magazine. Al has traveled throughout the U.S., Barbados, Puerto Rico, Ireland, and Japan, helping dozens of local coalitions fight off unwanted sprawl development. 60 Minutes called Al “the guru of the anti-Wal-Mart movement.”
