Just How Much Upside Is There For J.C. Penney In Sears’ Bankruptcy?

by MR Magazine Staff

Sears Holdings and J.C. Penney share a lot in common, most notably many of the same troubled malls where they operate stores. Sears had long been the larger department store chain, the more expansive in scope and the retail giant casting the longer shadow. But over the past decade, as Sears’ footprint shrank at an astonishing pace, their sales grew closer together (though Sears’ remain larger by several billion dollars). Problematically, they both also carry large debt loads that have strained the bottom line and worried investors. Read more at Retail Dive.