
JC Penney explores HQ sale to lower debt
JC Penney has revealed it is exploring the sale and partial leaseback of its headquarters in Plano, Texas, to reduce the US department store retailer's debt and lower its expenses.

JC Penney has revealed it is exploring the sale and partial leaseback of its headquarters in Plano, Texas, to reduce the US department store retailer's debt and lower its expenses.