Month: April 2020
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How JCPenney Met Its Demise After 117 Years
In December of 2020, struggling retailer JCPenney emerged from bankruptcy after an acquisition by Simon Property Group and Brookfield Asset Management. After years of decline, the retailer is now a private company, in a last-ditch attempt to revitalize the retailer. However, with even more locations closing in 2021, it is unclear if there is a…