Executives for a trust that has worked for four years to sell the property defended the price and said a January deadline was ...

JCPenney has sold 119 stores to an affiliate of Onyx Partners. It's unclear thus far what this will mean for those sites.

Two J.C. Penney stores in Western Pennsylvania will be sold to a private equity firm near Boston about five years after the ...

JCPenney is selling off 119 stores nationwide in a nearly $1 billion deal. The all-cash sale, which amounted to $947 million, was to Boston-based private equity firm affiliated with Onyx Partners, Ltd ...

Hey there New Jersey! Here’s your audio update highlighting a driver being charged in connection with a deadly crash that ...

In 1925, J.C. Penney bought 120,000 acres in Clay County, Fla. He envisioned an experimental farming project and a final home ...

J.C. Penney in particular has been declining for years amid the growth of e-commerce. Weighed down by $4 billion in debt, it has closed stores in recent years to cut costs.

J.C. Penney is giving millions of dollars in pay bonuses to top executives as the ailing department store chain reportedly teeters on the edge of bankruptcy. CEO Jill Soltau received $4.5 million ...

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 ...

J.C. Penney (OTC: JCPN.Q) has struggled with weak sales and profitability for nearly a decade due to a failed makeover attempt and falling mall traffic. The COVID-19 pandemic was the last straw ...

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 plans to close 15 additional full-line stores and nine home-and-furniture locations as the retailer struggles to get its footing amid significant challenges for department stores.