A missed deadline to close and a dispute over a $5 million deposit are putting the retail portfolio sale in jeopardy.

One of the longest-standing department stores in the country, JCPenney is well known for its heavy markdowns and sales that happen often — maybe too often that it makes us question if the deals are ...

Still, the results were “not terrible,” given the department store’s improvements and its target customers’ financial stress, ...

A $947 million deal to sell 119 JCPenney stores, including two in Albuquerque fell apart after the seller said the prospective buyer missed a deadline.

JCPenney has kicked off liquidation sales. The Plano, Texas-based chain, which declared bankruptcy last month, announced today that store closing sales have begun at 136 stores across the country.

The proposed $947 million nationwide deal would have sold the 149,608-square-foot store in Freehold and 116 other JCPenney ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. The end is near for about one out of every ...