A "handful" of JCPenney locations are soon to be closing, a company spokesperson said, adding to the retailer's long list of shuttered stores since it filed for bankruptcy in 2020. JCPenney announced ...
JCPenney has sold 119 stores for $1 billion. Will they remain open? See the Ohio and Kentucky locations and learn what we know.
A Boston private equity firm, Onyx Partners, Ltd., is purchasing 119 JCPenney stores for $947 million. The sale involves net-lease stores, meaning Onyx Partners will be responsible for rent and ...