JCPenney Co.

RTW Retailwinds (formerly known as New York & Co.) is edging closer to filing for bankruptcy.

A new report from Coresight Research predicts that 20,000 to 25,000 stores will close in the United States this year.

Private equity firm Sycamore Partners is in early talks to take J.C. Penney out of bankruptcy if the retailer’s negotiations with its creditors fail, reported Reuters.

J.C. Penney Co. has identified the first wave of its store closures.

RTW Retailwinds could be the latest retailer to declare bankruptcy amid the COVID-19 pandemic.

J.C. Penney is reopening more stores that were closed amid the COVID-19 pandemic as it also gets ready to permanently shutter some of those locations.

An Amazon acquisition of J.C. Penney makes sense from a technology standpoint – including one non-obvious benefit.

Some retail shops, restaurants, fitness centers, and movie theaters that survive the pandemic panic may be paying much lower rents in the coming years.