Private equity firm Onyx paid nearly $1B to buy 119 live JCPenney stores under net‑lease leases. No closures involved.

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 ...

Ken Jennings has opened up about the one mistake on Jeopardy! that still haunts him to this day, as well as what the hardest part of the show is. Talking about his new book The Complete Kennections ...

As of July 2025, JCPenney has more than 640 stores in the U.S. and Puerto Rico.

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 sale includes the JC Penny location in Bakersfield’s Valley Plaza Mall on Ming Avenue. Eighteen other stores in California were also part of the sale. Somewhere between $928 million and $932 ...

After a rocky five years marked by a major bankruptcy filing, store closures, and a large-scale layoff, more than a hundred ...

A JCPenney store in El Paso, and 20 others in Texas, have been sold to a private equity firm out of Boston for $947 million.

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 ...