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. The spokesperson ...
Closing dates are approaching for seven JCPenney stores that were put on the chopping block earlier this year, while an eighth location that was set to close will now stay open through at least August ...
A $950 million deal to sell more than 100 JCPenney locations to a private equity firm fell apart at the last minute. Onyx Partners, a Boston-based investment firm, was set to acquire 119 JCPenney ...
JCPenney is closing seven stores across the country on Sunday, May 25. JCPenney filed for Chapter 11 bankruptcy protection in May 2020. Earlier this year, the company closed more than 200 U.S.
(Gray News) – JCPenney is closing several stores nationwide by the middle of the year, according to several reports. A statement received by Today said the retailer attributes the closings to expiring ...
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 ...