A $950 million all-cash deal for 119 JCPenney stores collapsed just weeks before its December 2025 closing, thrusting the ...

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

JCPenney announced in a blog post that it would be closing more stores after it already closed up to 200 since filing for bankruptcy in May. "Following a comprehensive review of the JCPenney retail ...

Popular mall department stores have begun the year with restructuring plans, hoping to shed underperforming store locations ...

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 ...

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

FREEHOLD TOWNSHIP - The sale of JCPenney's anchor store at Freehold Raceway Mall is now in limbo after a $947 million deal to sell it and 116 other stores to Onyx Partners collapsed shortly after ...

PLEASANTON — JCPenney says it will close its doors at Stoneridge Shopping Center in Pleasanton in about two months as the one-time retailing giant battles to steady its finances. The department store ...

Despite numerous reports that the plan to sell 117 JCPenney store properties for $935 million to Onyx Partners has fallen through, Onyx says it is ready to close the transaction “promptly” as soon as ...

A deal to sell more than 100 JCPenney stores is likely not going forward. A regulatory form filed on Monday, Dec. 22, from the trust that had been charged with selling the assets confirmed the ...