Largest retail and apparel companies filing bankruptcy in the U.S. 2020, by assets
As of the first half of 2020, the largest bankruptcy filed among retail companies was by JCPenney based on the value of assets. JCPenney had assets to the value of almost 8 billion U.S. dollars. JCPenney is a department store retailer active in the United States. During 2020, the retailer closed a high number of its stores across the U.S.