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Pickup truck driver killed by police after driving through busy mall store is identified
Read full article: Pickup truck driver killed by police after driving through busy mall store is identifiedAuthorities have now identified a pickup truck driver they say fled police and careened through the doors of a JCPenney store at a Texas mall, injuring five people before he was fatally shot by officers.
JCPenney is spending $1 billion on store and online upgrades in latest bid to revive its business
Read full article: JCPenney is spending $1 billion on store and online upgrades in latest bid to revive its businessJCPenney says it plans to spend more than $1 billion by the end of 2025 in a bid to revive the storied but troubled 121-year-old department store chain.
JCPenney plans to close nearly 200 stores this year
Read full article: JCPenney plans to close nearly 200 stores this yearJust days after filing for bankruptcy, JCPenney is now planning to close nearly 200 stores this year. The 118-year-old company has struggled to gain profits for years, but the company said the coronavirus pandemic caused sales to plummet. The retailer has 85,000 employees but hasn't said how many people will lose their jobs because of the closings. The company says next year an additional 50 stores will have to be closed. JCPenney is the fourth national retailer to file for bankruptcy just this month.