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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 ...
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 ...
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 ...
WASHINGTON — A $947 million deal to sell 117 JCPenney stores is in danger of collapse after a Boston-based private equity firm failed to complete the transaction by a scheduled deadline, according to ...
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 ...
PLEASANTON — JCPenney says it will close its doors at Stoneridge Shopping Center in Pleasanton in about two months as the one-time retailing giant battles to steady its finances. The department store ...
A nearly $1 billion cash deal for more than 100 JCPenney stores devolved into a legal fight after failing to close. Copper Property CTL Pass Through Trust disclosed last month that a $997 million sale ...
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 ...
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