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BEASLEY MEDIA GROUP OFFICE HOURS UPDATE: Our office has re-opened for prize distribution, allowing you to claim your prize ONLY on Thursdays and Fridays between the hours of 8:30am and 5pm. You will need a photo ID to collect…

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JC Penney Rescued From Bankruptcy JC Penney is getting a last-minute buyer who will pull the beleaguered retail chain out of bankruptcy. The company is negotiating with mall owners Simon Property Group and Brookfield Property Partners to purchase the chain, a move that could save as many as 70,000 jobs.

JC Penney filed for Chapter 11 bankruptcy back in May, with plans to close about one-third of its 846 stores.   More than 40 retailers have filed for bankruptcy since the pandemic began. When’s the last time you shopped at a JC Penney?  Will this purchase turn things around, or is brick-and-mortar retail doomed?