It was just announced that 119 JCPenney locations are going to be sold-off. So what does this mean for the 123 year-old brand? Back in 2020, CNN reported that JCPenney declared Chapter 11 bankruptcy.

Seven JCPenney stores spread across the country will close their doors for good this weekend. A Catalyst Brands spokesperson previously told USA TODAY that the umbrella company is "optimizing" its ...

Seven JCPenney stores spread across the country will close their doors for good this weekend. A Catalyst Brands spokesperson previously told USA TODAY that the umbrella company is "optimizing" its ...

WASHINGTON — Several JCPenney store locations will shut their doors by the end of the week. The popular retailer confirmed that it will close seven stores across the U.S. by May 25. The closures come ...

JCPenney and the Copper Property CTL Pass Through Trust finally have a buyer for 119 JCPenney stores after filing for bankruptcy in 2020 during the COVID-19 pandemic An affiliate of Onyx Partners, Ltd ...

WASHINGTON — A Boston-based private equity firm is purchasing 119 JCPenney stores for nearly $1 billion, about five years after the retailer filed for bankruptcy. Onyx Partners, Ltd. will acquire the ...

JCPenney is closing yet another location, this time in Orange County, California. JCPenney will close its location in the Westminster Mall on or about Nov. 21, according to a Worker Adjustment and ...

JCPenney secured $450 million in financing while restructuring operations. It was eventually acquired by Simon Property Group (SPG) and Brookfield Asset Management (BAM) for $1.75 billion, ...