An Interest In:
Web News this Week
- April 20, 2024
- April 19, 2024
- April 18, 2024
- April 17, 2024
- April 16, 2024
- April 15, 2024
- April 14, 2024
Some of Our Sources
- Engadget
- Techcrunch
- Six Revisions
- Abduzeedo
- Web Design Ledger
- Specky Boy
- Android Dissected
- Android Headlines
- Hashedout
- TechPowerUp
Help Webnuz
Referal links:
May 19, 2020 10:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/T6_0BbkOMNE/amazon-said-to-be-in-talks-to-buy-bankrupt-jc-penney
Amazon Said To Be In Talks To Buy Bankrupt JC Penney
phalse phace shares a report from Investor's Business Daily: Amazon is reportedly in talks with JCPenney, the debt-laden retailer that filed for bankruptcy protection last week. Trading in JCPenney stock was halted while Amazon stock moved up. According to apparel industry trade publication Women's Wear Daily, Amazon has a team in Plano, Texas, where JCPenney is headquartered. The report cited an unnamed source saying there is a dialogue between the two companies. The acquisition of JCPenney could potentially bolster the online retailer's burgeoning apparel business. It's also possible Amazon could be interested in acquiring some of the stores that JCPenney plans to sell and use them as distribution outlets.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/T6_0BbkOMNE/amazon-said-to-be-in-talks-to-buy-bankrupt-jc-penney
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot