J.C. Penney's Sad Story Of Going Broke Slowly, Then Suddenly

J.C. Penney’s demise was a slow-moving retail trainwreck that lasted for years, then Covid-19 quickly pushed it over the edge into bankruptcy.

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August 1974 marked the opening of Granite Run Mall in Media Pa., featuring anchor stores Gimbels, Sears and JC Penney. Gimbels would become Stern's in 1986, and then Boscov's in 1993. By

From Its Beginnings To Bankruptcy, A Historical Timeline Of JCPenney

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The Psychological Failure of JC Penny