Gregmal Posted May 18, 2020 Share Posted May 18, 2020 https://wwd.com/business-news/retail/amazon-j-c-penney-1203635977/ Wow. The gem under everyone's noses....JC Penney... Link to comment Share on other sites More sharing options...
Liberty Posted May 18, 2020 Share Posted May 18, 2020 Different buyers can do different things with those assets. Big difference if Amazon buys it or if, say, Sears buys it. Link to comment Share on other sites More sharing options...
Orange Posted May 19, 2020 Share Posted May 19, 2020 Different buyers can do different things with those assets. Big difference if Amazon buys it or if, say, Sears buys it. Exactly. It's also a matter of size. For a company as large as Amazon, with their revenue and access to capital, it's not that big of a deal to buy some bankrupt retail assets when the opportunity presents itself. Link to comment Share on other sites More sharing options...
Spekulatius Posted May 19, 2020 Share Posted May 19, 2020 Different buyers can do different things with those assets. Big difference if Amazon buys it or if, say, Sears buys it. Exactly. It's also a matter of size. For a company as large as Amazon, with their revenue and access to capital, it's not that big of a deal to buy some bankrupt retail assets when the opportunity presents itself. I bet they buy JCP just for the properties. They probably redo them into last mile warehouses. Link to comment Share on other sites More sharing options...
chrispy Posted May 19, 2020 Share Posted May 19, 2020 I agree. Maybe pickup that day as well Link to comment Share on other sites More sharing options...
BG2008 Posted May 19, 2020 Share Posted May 19, 2020 Any new updates on this? Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now