The Daily Overview on MSN
JCPenney rescue deal implodes, 120 stores face the axe
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 ...
On December 26, 2025, Copper Property CTL Pass Through Trust terminated a $947 million sale of 119 JCPenney stores to Onyx ...
The future of JCPenney’s anchor store building at Freehold Raceway Mall has fallen into uncertainty after a massive real estate transaction collapsed in late December. The proposed $947 million ...
Still, the results were “not terrible,” given the department store’s improvements and its target customers’ financial stress, ...
One of the longest-standing department stores in the country, JCPenney is well known for its heavy markdowns and sales that happen often — maybe too often that it makes us question if the deals are ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results