NEW YORK, United States (AFP) — US department store JCPenney, which has not turned a profit since 2011, on Friday became the latest American retailer to be pushed into bankruptcy by the coronavirus pandemic. The iconic business said it was filing for Chapter 11, a mechanism which allows a company that can no longer pay its debts to restructure. The group, based in Plano, Texas, will close some stores across the US as a […]





