News

JCPenney closed about one-third of its stores in 2020 before being bought out of bankruptcy by mall owners Simon Property Group and Brookfield Asset Management in December of that year. The ...
JCPenney has sold over 100 of its store locations in a nearly $1 billion deal, marking a major milestone in its ...
The properties — the bulk of which are in Texas and California — are being sold to an affiliate of Onyx Partners for $947 ...
JCPenney is unloading 119 store properties in a $947 million deal — but not because it’s shutting them down. See the full ...
Currently, all 119 JCPenney stores that are being sold remain open. It's unclear what was planned for those locations in the ...
Arizona’s Family has confirmed that of the 119 locations sold to Onyx Partners in a $947 million all-cash sale, three of four ...
Five years after filing for bankruptcy, JCPenney is making another major move. The retailer is selling 119 stores across the ...