It was just announced that 119 JCPenney locations are going to be sold-off. So what does this mean for the 123 year-old brand? Back in 2020, CNN reported that JCPenney declared Chapter 11 bankruptcy.

JCPenney has joined the ranks of other retailers such as Joann and Kohl’s announcing store closures in 2025. This week, Joann announced the closure of 500 locations in 49 states and JCPenney announced ...

WASHINGTON — Several JCPenney store locations will shut their doors by the end of the week. The popular retailer confirmed that it will close seven stores across the U.S. by May 25. The closures come ...

Seven JCPenney stores spread across the country will close their doors for good this weekend. A Catalyst Brands spokesperson previously told USA TODAY that the umbrella company is "optimizing" its ...

JCPenney and the Copper Property CTL Pass Through Trust finally have a buyer for 119 JCPenney stores after filing for bankruptcy in 2020 during the COVID-19 pandemic An affiliate of Onyx Partners, Ltd ...

Closing dates are approaching for seven JCPenney stores that were put on the chopping block earlier this year, while an eighth location that was set to close will now stay open through at least August ...

JCPenney announced it plans on closing 154 locations nationwide this summer, with additional closures expected to be announced in the coming weeks. The company has been hemorrhaging locations in ...

WASHINGTON — A Boston-based private equity firm is purchasing 119 JCPenney stores for nearly $1 billion, about five years after the retailer filed for bankruptcy. Onyx Partners, Ltd. will acquire the ...

Three JCPenney locations are being sold in Washington state as part of a nearly $1 billion, 119-store nationwide sell-off. JCPenney announced last week that a Boston-based private equity firm will ...