JCPenney says it plans to funnel $1 billion back into the business by fiscal 2025 to redo its website and app, carry out store upgrades and create a new inventory management system.
The 10 biggest retail bankruptcies of 2020
List of Retail Company Bankruptcies & Closing Stores
Retail's billion-dollar makeover
Department Stores Another Major Change Needed.
Where does J.C. Penney's turnaround stand? It's testing new ideas
News – Midstate Signs
J.C. Penney launches private apparel brand as it welcomes new
JCPenney goes back to department store roots to shake retail 'road
JCPenney – Consumerist
J.C. Penney names retail veteran Jill Soltau to be its new CEO