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 ...
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 ...
Despite closing down eight locations this year, JCPenney is poised for a comeback at just the right time. As consumers are feeling the pinch when it comes to the downward turn of the economy, the ...
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, ...
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 set to close a Texas warehouse and lay off nearly 300 employees this year. JCPenney announced in May it will permanently close its Alliance Supply Chain facility in Haslet, Texas around ...
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 ...
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 ...