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J.C. Penney to Beg for Free Rent

J.C. Penney to Beg for Free Rent

by The Commercial Record | Jun 1, 2020 | Commercial & Industrial, CR Daily, Industry News

Bankrupt mall anchor J.C. Penney plans to ask its landlords for free rent.

J.C. Penney to Beg for Free Rent

Experts Skeptical J.C. Penny Can Survive Despite Ch. 11 Filing

by The Associated Press | May 18, 2020 | Commercial & Industrial, CR Daily, Industry News

The coronavirus pandemic has pushed the storied but troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate.

Papa Gino’s Parent Files for Bankruptcy

Papa Gino’s Parent Files for Bankruptcy

by The Associated Press | Nov 6, 2018 | Banking & Lending, Commercial & Industrial, CR Daily, Executive Briefing, Industry News

The company that owns Papa Gino’s pizza parlor and D’Angelo sandwich shop chains announced Monday it has closed about 95 locations throughout New England, filed for Chapter 11 bankruptcy protection and reached an agreement to sell the business.

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