JCPenney files for bankruptcy
(CNN) -- JCPenney filed for bankruptcy on Friday, the latest retail giant to see its downfall hastened by the coronavirus crisis. JCPenney is the fourth national retailer to file for bankruptcy just this month. Today, JCPenney has 85,000 employees, making the company among the largest US retailers to file for bankruptcy in recent years. Like other retailers, JCPenney announced on March 18 that it was closing stores and furloughing its employees during the crisis. But this is a unique time for a retail bankruptcy filing.
CBS This Morning Preview: March 19
CBS This Morning Preview: March 19 Get an inside look at tomorrow morning's CBS This Morning with senior producer Diana Miller. Thursday's broadcast will feature a comeback of sorts, store catalogs are back in style. After 6 years JCPenny has brought back their catalog.cbsnews.com