As the retail store faces bankruptcy threats, JCPenney has been in talks with major lenders to secure a $450 million “debtor in possession” (DIP) loan to keep the company afloat. The DIP loan is s...
On Monday, JCPenney announced that it paid a $4.5 million bonus to CEO Jill Soltau, and CFO Bill Wafford, Chief Merchant Michelle Wlazlo, and Chief Human Resources Office Brynn Evanson, each received ...
The coronavirus pandemic caused lots of damages to the economy and some companies are fighting to survive while some have given up trying to stay in business by filing for bankruptcy. Below is t...
The year 2020 has been a rough year for many companies, from retail restaurants to entertainment industries and other kinds of businesses, the economic impact of the coronavirus pandemic on businesses...
Thirteen Lune is a beauty brand that makes skincare products, makeup, and other beauty products for people of color. The company just closed on a $3,000,000 seed fund and they are on their...