An affiliate of Onyx Partners is buying 119 JCPenney stores for $947 million, with the deal expected to close on September 8. All affected stores are currently open, but it's unclear whether they will ...

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About five years after JCPenney filed for bankruptcy, a Boston private equity firm will pay $947 million for 119 JCPenney stores. The all-cash sale of 119 JCPenney properties to an affiliate of Onyx ...

JCPenney's will ring up its final sales at select stores this weekend, bidding farewell for good to customers and employees at stores in California, Idaho and more. A spokesperson for the longstanding ...

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 ...

The department store is following in the footsteps of competitors like Macy's. JCPenney plans to close several stores before the end of May, the department store chain confirmed to "Good Morning ...

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 ...

Another wave of closures is sweeping through JCPenney, as the beloved department store prepares to shutter seven more locations across the United States this weekend. For generations, JCPenney has ...