NEW YORK — JCPenney said Thursday it plans to spend more than $1 billion by the end of 2025 in a bid to revive the storied but troubled 121-year-old department store chain. The money is going ...

JCPenney said Thursday it plans to spend more than $1 billion by the end of 2025 in a bid to revive the storied but troubled 121-year-old department store chain. The money is going toward ...

JCPenney CEO Marc Rosen has no intention of adding to the retailer's 15-year list of failed turnaround attempts anchored in bold, flashy moves. In the late 2000s, it tried to be fashion-forward.

JCPenney is scaling back operations across the United States. The retailer will close down eight stores around the nation by mid-2025, according to USA Today, Axios and KTTV-TV. A majority of the ...

JCPenney is getting leaner with eight store closures in the coming months, five more than previously announced. The Plano retailer will shutter the stores by midyear, stretching from California to ...

JCPenney is planning to close a "handful" of stores over the coming months as it struggles to keep pace with rapidly changing market conditions. "While we do not have plans to significantly reduce ...

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 ...

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 ...

JCPenney’s fledgling parent company, Catalyst Brands, is undergoing the second round of layoffs of its corporate employees as part of an ongoing review of the newly formed business. Catalyst ...

Retailer JCPenney will permanently close eight stores in eight states this year. According to Axios, the department store revealed it would be shuttering eight out of 650 stores in 2025.