An inflection point is an event that results in a significant change in the progress of a geopolitical situation and can be considered a turning point after which a dramatic change, with either positive or negative results, is expected to result.
Saturday, May 9, 2020
J.C. Penney 'will file for bankruptcy and plans to permanently close around 200 of its stores' - just days after Neiman Marcus and J.Crew also filed amid the economic fallout from the coronavirus pandemic