An affiliate of Onyx Partners is buying 119 JCPenney stores for $947 million, with the deal expected to close on September 8. All affected stores are currently open, but it's unclear whether they will ...

Popular retail chain JCPenney confirmed seven of its stores will close their doors at the end of May. In a statement earlier this year, the retailer cited expiring lease agreements, market conditions ...

It’s the end of a shopping era: JCPenney announced earlier this year that, due to financial challenges, it would be closing eight stores around the country by the end of this year. Read Next: 4 ...

JCPenney locations in CA, CO, ID, KS, NH, NC, and WV are expected to shut down May 25, per USA Today. After emerging from bankruptcy in 2020, JCPenney continues to fight inflation, reduced foot ...

Five years after filing for bankruptcy, JCPenney is making another major move. The retailer is selling 119 stores across the country, though no closures have been announced. The sale highlights the ...

More than 100 JCPenney stores nationwide, including more than 20 in Texas, have been sold to a private equity firm for $947 million in cash. The deal is scheduled to close this fall. The deal, which ...

More than 100 JCPenney stores across the country including some in Illinois, have been sold to a private equity firm for a cash total of $947 million, with the deal scheduled to close this fall. The ...