Simon, Brookfield to save JC Penney from bankruptcy, keep 650 shops
By A Mystery Man Writer
Description
Bankrupt department store chain J.C. Penney is expected to be rescued by its landlords, mall owners Simon and Brookfield.
Bankrupt department store chain J.C. Penney is expected to be rescued by its landlords, mall owners Simon and Brookfield.
Bankrupt department store chain J.C. Penney is expected to be rescued by its landlords, mall owners Simon and Brookfield.
![Simon, Brookfield to save JC Penney from bankruptcy, keep 650 shops](https://static01.nyt.com/images/2020/09/09/business/00jcpenney-1/00jcpenney-1-videoSixteenByNineJumbo1600.jpg)
J.C. Penney Avoids Liquidation in Sale to Mall Operators Simon and Brookfield - The New York Times
![Simon, Brookfield to save JC Penney from bankruptcy, keep 650 shops](https://i.dailymail.co.uk/1s/2020/04/19/22/27392292-0-image-a-4_1587331439889.jpg)
J.C. Penney 'on cusp of rescue deal with landlords' to save department store from bankruptcy
JC Penney may be bought by its biggest landlords, Simon and Brookfield
![Simon, Brookfield to save JC Penney from bankruptcy, keep 650 shops](https://bloximages.chicago2.vip.townnews.com/missoulian.com/content/tncms/assets/v3/editorial/b/a6/ba66ce25-5e64-5ecb-a2db-f930d8c3233d/64f099bb998c2.image.jpg)
JCPenney spending $1 billion on store, online upgrades
![Simon, Brookfield to save JC Penney from bankruptcy, keep 650 shops](https://www.commercialsearch.com/news/wp-content/uploads/sites/46/2024/03/Icon-and-Echo.jpg)
Mall Giants Strike $800M Deal for JCPenney - Commercial Property Executive
![Simon, Brookfield to save JC Penney from bankruptcy, keep 650 shops](https://c.files.bbci.co.uk/0989/production/_112314420_e1ad4c38-0ea6-4be7-aa12-51e63ab33196.jpg)
JC Penney: Landlords plot rescue for department store
![Simon, Brookfield to save JC Penney from bankruptcy, keep 650 shops](https://static.therealdeal.com/wp-content/uploads/2020/06/simon-property-group-brookfield.jpg)
Simon Property Group, Brookfield Explore Buying J.C. Penney
![Simon, Brookfield to save JC Penney from bankruptcy, keep 650 shops](https://www.telegram.com/gcdn/-mm-/6794605ec6a668e4b7276134dc27747a09671748/c=0-98-1750-1082/local/-/media/2020/09/17/WorcesterTelegram/ghows-WT-200909359-f68f331e.jpg)
Mall owner Simon joins group to acquire J.C. Penney
![Simon, Brookfield to save JC Penney from bankruptcy, keep 650 shops](https://i0.wp.com/theloadstar.com/wp-content/uploads/ttt.jpg?fit=800%2C534&ssl=1)
CNBC: Mall owners Simon, Brookfield set to rescue JC Penney from bankruptcy in $800m deal - The Loadstar
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