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Five years after filing for bankruptcy, JCPenney is making another major move. The retailer is selling 119 stores across the ...
JCPenney has sold over 100 of its store locations in a nearly $1 billion deal, marking a major milestone in its ...
The JCPenney locations that are part of the sale cover 35 states and Puerto Rico, with 21 in Texas and 19 in California, some ...
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 ...
The properties — the bulk of which are in Texas and California — are being sold to an affiliate of Onyx Partners for $947 ...
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