Five years after filing for bankruptcy, JCPenney is making another major move. The retailer is selling 119 stores across the ...

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

Boston-based Onyx Partners, Ltd. has entered into a purchase and sale agreement with Copper Property CTL Pass Through Trust to buy 119 JCPenney properties, according to a press release. The $947 ...

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 ...

JCPenney closed about one-third of its stores in 2020 before being bought out of bankruptcy by mall owners Simon Property ...

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

The properties — the bulk of which are in Texas and California — are being sold to an affiliate of Onyx Partners for $947 ...

JCPenney rival Macy's is shutting 150 stores by 2026, leaving only 350 locations left. Last year it shut the first 66 stores ...