The collapse of JCPenney's latest real estate rescue plan has pushed a fresh wave of uncertainty onto the department store's already fragile footprint. A complex deal meant to offload more than 100 ...
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 ...
Add Yahoo as a preferred source to see more of our stories on Google. JCPenney is closing yet another location, this time in Orange County, California. Seventy-six employees work at the location and ...
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 ...
Onyx Partners Ltd. will purchase 119 JCPenney stores for $947 million. The sale includes net-lease stores, meaning JCPenney pays rent and operating expenses. The deal is expected to close on September ...
Still, the results were “not terrible,” given the department store’s improvements and its target customers’ financial stress, ...
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 ...