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JCPenney is selling 119 stores for $975 million, marking a new chapter for the 123-year-old retailer while it continues its recovery since declaring bankruptcy in 2020.
Five years after JCPenney filed for bankruptcy, a Boston private equity firm will pay $947 million for 119 JCPenney stores, including six scattered across Michigan, to pay the retailer's creditors.
These stores currently remain open for business. Are there any other JCPenney stores in Pennsylvania? JCPenney lists 21 operating stores in Pennsylvania, including the three sold locations.
Onyx Partners will pay $947 million for 119 JCPenney stores, including six in Florida. One is in Panama City Beach.
One New Hampshire location will be included in the sale of 119 JCPenney stores to a Boston-based private equity firm later this summer. An affiliate of Onyx Partners, Ltd. will pay $947 million in ...
DENVER — Two Colorado JCPenney stores are among 119 being sold to a Boston-based private equity firm as part of a nearly $1 billion deal.
Nineteen California JCPenney stores were included in a nearly $1 billion sale involving 119 locations.
Onyx Partners will pay $947 million for 119 JCPenney stores, including one in Mississippi.
Are JCPenney stores closing? All 119 stores recently sold are currently operational. JCPenney closed more than 200 U.S. locations when the retailer filed for bankruptcy amid the COVID-19 pandemic.
Onyx Partners will pay $947 million for 119 JCPenney stores, including 21 in Texas, 19 in California and two in Puerto Rico.
JCPenney's Kennewick store at Columbia Center sold to Onyx Partners as part of a $947M deal involving 119 locations. Stores will remain open.
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