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, ...

The iconic department store chain described the handful of store closures as isolated, but the broader retail landscape is bracing for a tough year. The iconic department store chain has faced several ...

Seven JCPenney stores that were put on the chopping block earlier this year will officially shutter at the end of this month, the company has confirmed. An eighth location that was set to close will ...

Time is running out for JCPenney shoppers as multiple stores are set to close over the weekend. Seven stores in as many states are set to close on May 25, according to a spokesperson for JCPenney.

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 ...

JCPenney has announced plans to shutter several stores over the next few months, underscoring the ongoing downturn in the U.S. retail sector. The department store chain confirmed to Axios that it ...

Why Is JCPenney Selling Stores? JCPenney is unloading 119 store properties in a $947 million deal — but not because it’s shutting them down. The retailer handed off its real estate years ago when it ...

JCPenney has announced plans to shutter eight more stores in 2025, continuing a trend of consolidation that reflects the broader struggles of traditional brick-and-mortar retail. The closures come as ...

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 ...