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Onyx Partners will pay $947 million for 119 JCPenney stores, including 21 in Texas, 19 in California and two in Puerto Rico.
Onyx Partners of Boston has entered into a binding purchase and sale agreement to acquire 119 JCPenney stores from Copper ...
In 1925, J.C. Penney bought 120,000 acres in Clay County, Fla. He envisioned an experimental farming project and a final home ...
The JCPenney at SouthPark Mall in Strongsville is among 119 of the chain's stores nationwide that will have a new owner once a transaction closes on or before Sept. 8.
In its most recent quarter, J.C. Penney's sales fell nearly 8%, to $3.4 billion, from the year-earlier period, while income was $27 million, down from $75 million for the same period a year ago. J ...
J.C. Penney only has about 800,000 followers on Instagram. By comparison, Macy's has 1.9 million followers, Target has 4.2 million followers, and Inditex's Zara reaches a whopping 37.8 million ...
NEW YORK J.C. Penney (JCP) is bringing back sales. The struggling department store chain this week is rolling out some of the hundreds of sales it ditched last year in hopes of luring back ...
J.C. Penney was known for its lucrative retirement benefits, but now thousands of retirees are worried that some of their retirement income could vanish in the retailer’s bankruptcy. As a ...
J.C. Penney has a new brand called Hope & Wonder that will donate 100% of its profits by creating collections around important cultural moments, starting with Black History Month.
J.C. Penney began 2020 with hopes of yet another turnaround. Instead, the coronavirus shutdowns across the country have forced the department store and mall mainstay into bankruptcy.
J.C. Penney became the latest national retailer to seek Chapter 11 bankruptcy protection. The department store chain was struggling even before the coronavirus pandemic. (Mike Blake/Reuters) ...