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 is set to close several locations by mid-year, the company confirmed in a statement. The retailer cited expiring leases and market conditions for a "handful" of impending store closures.

The latest JCPenney closures, which were initially announced in February, come after more than 200 U.S. locations shuttered when the retailer filed for Chapter 11 bankruptcy protection in May 2020.

As the holiday shopping season drew near, JCPenney saw some healthy trends in its operations and customer gains — even in the face of continuing challenges with sales. The Plano-based retailer ...

JCPenney CEO Marc Rosen sees plenty of evidence that working-class families are struggling. Customers are increasingly relying on credit cards, falling behind on bills and flocking to private ...

JCPenney will shutter seven stores in May as the company looks to make changes. Here's where stores are closing and what Arizona shoppers must know.

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.