Coronavirus, US department store chain J.C. Penney files for insolvency

May 16, 2020

The following photos have been selected for you by the IMAGO picture desk on this topic. For more pictures please use the search function.

CORAL SPRINGS, FL - MAY 15: JCPenney filed for bankruptcy on Friday, the latest retail giant to see its downfall hastened during the Coronavirus COVID-19 pandemic on May 15, 2020 in Coral Springs, Florida. Copyright: xmpi04 MediaPunchx
Retail stores and hotels in distress amid COVID-19 General view of JCPenney Department store part of Manhattan Mall closed during COVID-19 pandemic on 6th Avenue. With tens of thousands of stores temporarily shut across the USA, economic shutdown and lingering social distancing behaviors many economists believe of broad shakeout of retail and hotel industries. New York New York United States Copyright: LevxRadin
Retail stores and hotels in distress amid COVID-19 General view of JCPenney Department store part of Manhattan Mall closed during COVID-19 pandemic on 6th Avenue. With tens of thousands of stores temporarily shut across the USA, economic shutdown and lingering social distancing behaviors many economists believe of broad shakeout of retail and hotel industries. New York New York United States Copyright: LevxRadin
JCPenney preparing for bankruptcy The JCPenney store in Herald Square in New York on Friday, May 8, 2020. The J.C. Penney Co. is reported to be preparing to file for bankruptcy protection as early as next week. ( RichardxB.xLevine
JCPenney preparing for bankruptcy The JCPenney store in Herald Square in New York on Friday, May 8, 2020. The J.C. Penney Co. is reported to be preparing to file for bankruptcy protection as early as next week. ( RichardxB.xLevine
May 31, 2019 - Brazil - In this photo illustration a JC Penney Company logo seen displayed on a smartphone. Brazil - ZUMAs197 20190531_zab_s197_061 Copyright: xRafaelxHenriquex
December 20, 2018 - Kiev, Ukraine - J. C. Penney Department store company logo seen displayed on a smart phone. Kiev Ukraine - ZUMAs197 20181220_zab_s197_214 Copyright: xIgorxGolovniovx
February 21, 2017 - San Diego, CA, USA - Mannequins were for sale as a Macy s store in San Diego s Mission Valley was winding down and going out of business in February 2017. Department store retailers like JC Penney, Sears, Kmart and Macy s are likely to suffer more as shoppers gravitate toward online sales and discount stores. San Diego USA - ZUMAga3_ 20170221_zap_ga3_001 Copyright: xJohnxGastaldox
J.C. Penney Co. sells appliances A sign outside a JCPenney department store in the Queens Center Mall New York on Saturday, December 24, 2016 proudly proclaims that the department store is now carrying appliances. Appliances are particularly attractive to the department store as they are seldom purchased over the internet requiring shoppers to enter a brick and mortar store. ( RichardxB.xLevine
JCPenney suffers expense challenge The Midtown Manhattan JCPenney department store in New York is seen on the President s Day holiday, Monday, February 18 2013. As reported by the NY Post the J.C. Penney Co. saw an expense challenge in April and directed stores to freeze overtime, cut employee hours, and closely monitor expenses among other actions. ( RICHARDxB.xLEVINE