Evaluate, summarize: J.C. Penney on Friday afternoon issued a statement responding to a report that the embattled department store chain had hired advisors to explore debt restructuring options, potentially buying it more time for a turnaround.
Keywords, tags: hudson's bay co hbc, nordstrom inc, macy's inc, tapestry inc, nike inc, j c penney company inc, apparel retail, breaking news: business, retail industry, business news
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