J.C. Penney looks to sell company in bankruptcy to avoid liquidation - USA TODAY

J.C. Penney is looking to go forward with a sale of the business to avoid a brush with liquidation. Store closing sales are underway at 150 locations. https://www.usatoday.com/story/money/2020/07/29/jcpenney-store-closings-2020-chapter-11-bankruptcy/5536947002/