The collapse of JCPenney's latest real estate rescue plan has pushed a fresh wave of uncertainty onto the department store's ...

A $950 million all-cash deal for 119 JCPenney stores collapsed just weeks before its December 2025 closing, thrusting the ...

A missed deadline to close and a dispute over a $5 million deposit are putting the retail portfolio sale in jeopardy.

Boston-area private equity firm Onyx Partners missed a Dec. 26 deadline to close on the $997M deal for 116 properties. It ...

Once a mall staple and a go-to department store for generations of families since 1902, JCPenney has endured turbulent years marked by bankruptcy, mass store closures, and restructuring efforts. Now, ...

Still, the results were “not terrible,” given the department store’s improvements and its target customers’ financial stress, ...

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 ...

More than 100 JCPenney stores across the U.S. are set to be purchased by a private equity firm for nearly $1 billion. Five years after the retailer filed for bankruptcy, Copper Property CTL Pass ...

The proposed $947 million nationwide deal would have sold the 149,608-square-foot store in Freehold and 116 other JCPenney ...

JCPenney widened its loss in the third quarter to $100 million from a deficit of $17 million a year ago. Sales slid 3.8 percent year-over-year to $1.36 billion, though activewear showed broad strength ...

JCPenney is closing yet another location, this time in Orange County, California. JCPenney will close its location in the Westminster Mall on or about Nov. 21, according to a Worker Adjustment and ...