Five years after filing for bankruptcy, JCPenney is making another major move. The retailer is selling 119 stores across the ...

Executives for a trust that has worked for four years to sell the property defended the price and said a January deadline was ...

The deal also includes JCPenney locations in Bellingham, Southcenter near Seattle and Clackamas Town Center near Portland.

JCPenney is selling 119 stores for $975 million, marking a new chapter for the 123-year-old retailer while it continues its recovery since declaring bankruptcy in 2020.

JCPenney has sold 119 stores to an affiliate of Onyx Partners. It's unclear thus far what this will mean for those sites.

J.C. PENNEY FOUND A CASH BUYER FOR SOME OF ITS STORES, INCLUDING A FEW IN NORTHERN CALIFORNIA. A BOSTON PRIVATE EQUITY FIRM, ...

In 1925, J.C. Penney bought 120,000 acres in Clay County, Fla. He envisioned an experimental farming project and a final home ...

J.C. Penney only has about 800,000 followers on Instagram. By comparison, Macy's has 1.9 million followers, Target has 4.2 million followers, and Inditex's Zara reaches a whopping 37.8 million ...

J.C. Penney plans to close 15 additional full-line stores and nine home-and-furniture locations as the retailer struggles to get its footing amid significant challenges for department stores.

J.C. Penney was known for its lucrative retirement benefits, but now thousands of retirees are worried that some of their retirement income could vanish in the retailer’s bankruptcy. As a ...

J.C. Penney has a new brand called Hope & Wonder that will donate 100% of its profits by creating collections around important cultural moments, starting with Black History Month.

J.C. Penney began 2020 with hopes of yet another turnaround. Instead, the coronavirus shutdowns across the country have forced the department store and mall mainstay into bankruptcy.