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Five months later no resolution has been reached in bankruptcy court. Its still largely stuck in 2019 though the executive leadership page appears to be up-to-date. From Jcpenney To Pier 1 And More Over 3 000 Stores Are Now Liquidating JCPenney is no longer a publicly traded company JCPenney lost its place on the NYSE after its bankruptcy and moved to the OTC markets. Is jcpenney still in business . The retailer filed for Chapter 11 bankruptcy on Friday just one day after it made an approximately 17 million interest payment. Mike BlakeReuters File JC. The payment due on May 7 was paid within a. Penney is the latest company to declare bankruptcy. In fact 192 JCPenney locations are expected to close in 2020 and an additional 50 next year. The last few years it found itself trapped and got squeezed between. JCPenney doesnt own the brands but it has exclusive right to sell them giving it a certain level of customer loyalty. Penneys go-forward business could be worth a

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