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

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

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

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

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 was known for its lucrative retirement benefits, but now thousands of retirees are worried that some of their retirement income could vanish in the retailer’s bankruptcy. As a ...

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 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 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.

J.C. PENNEY STAVES OFF BANKRUPTCY Earlier Friday, Penney made a $17 million payment to its lenders. The company had about $500 million in cash as of the bankruptcy filing and it has received ...

J.C. Penney has a new brand called Hope & Wonder that will donate 100% of its profits by creating collections around important cultural moments, starting with Black History Month.

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 ...