The Fight Over JCPenney’s Real Estate Foreshadows the Fate of Malls

Almost every court hearing in the JCPenney bankruptcy case mentioned a fact that, on its face, seems unrelated to the case itself: that the retailer’s successful resolution would save 60,000 jobs. The idea, it seemed, was to drive home the point that the death of JCPenney wasn’t just a sad farewell to a once-proud pillar […]