JC Penney hires debt restructuring advisers, stock dips below one dollar.

[ctujackbauer]

https://nypost.com/2019/07/19/jc-penney-hires-advisers-to-explore-debt-restructuring/

JC Penney of course disputes this to CNBC.

https://www.cnbc.com/2019/07/19/jc-penney-no-advisors-hired-for-an-in-court-restructuring-bankruptcy.html

I loved their $10 off $10 coupon giveaway deals, and their clothes are usually high-quality (at least for the price).

They better have one last Black Friday coupon giveaway! I never got more than $10 off $10.