Things have been relatively quiet at JCPenney JCP +3.6% these past few months, perhaps too quiet. After a tumultuous 2020 that included a bankruptcy filing, store closures, new ownership, and a global pandemic, the iconic department store retailer is surprisingly no longer in the headlines.
That does not necessarily mean that nothing is happening at JCPenney. It’s just that the retailer has been reluctant to provide any updates, either to the public or its large workforce.
