JCPenney is closing seven stores across the country on Sunday, May 25. JCPenney filed for Chapter 11 bankruptcy protection in May 2020. Earlier this year, the company closed more than 200 U.S.

JCPenney will shutter seven of its retail locations across the United States on Sunday, May 25, as the company continues restructuring efforts following its 2020 bankruptcy filing. The closures mark ...

Retailer JCPenney will permanently close eight stores in eight states this year. According to Axios, the department store revealed it would be shuttering eight out of 650 stores in 2025. “While we do ...

A Boston-based private equity firm recently announced that it will purchase more than 100 JCPenney stores across the country, leaving many loyal customers wondering about the status of the locations, ...

More than 100 JCPenney stores nationwide, including more than 20 in Texas, have been sold to a private equity firm for $947 million in cash. The deal is scheduled to close this fall. The deal, which ...

A Boston private equity firm, Onyx Partners, Ltd., is purchasing 119 JCPenney stores for $947 million. The sale involves net-lease stores, meaning Onyx Partners will be responsible for rent and ...

JCPenney is closing its location inside the Westminster Mall in Orange County, California. The store will remain open to the public through Nov. 16. The store will close on or about Nov. 21.

JCPenney is selling 119 stores for $947 million to Onyx Partners. The sale includes two Kentucky stores and five in Ohio, including Columbus, Dublin and Colerain Township near Cincinnati. All 119 ...

JCPenney’s fledgling parent company, Catalyst Brands, is undergoing the second round of layoffs of its corporate employees as part of an ongoing review of the newly formed business. Catalyst said in a ...