In late July, a private equity firm announced it would pay $947 million for 119 JCPenney stores, including one in Minnesota.

Treadway, who previously was the legal chief of JCPenney and the powersports retailer RumbleOn, will lead Academy’s legal, ...

Old Big Lots, JoAnn Fabrics and JCPenney stores in Ohio will see new life as Spirit Halloween locations. Find out where 50 ...

Jesica Duarte, who joins the pet retailer with more than 30 years of leadership experience, also worked at J.C. Penney and Estée Lauder.

Over 100 J.C. Penney stores will come under new ownership as part of a nearly $1 billion deal. The Roseville J.C. Penney and ...

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.

The deafening roar of hundreds of sewing machines has gone silent. Spools of thread in every color are covered in dust. The ...

The customer backlash was so strong that even a change in leadership couldn’t fully reverse the brand’s decline. In an ...

Once President Donald Trump’s planned tariffs take effect, Americans will see an average tax of 18.3% for imported products, ...

Five years after filing for bankruptcy, JCPenney will sell 119 stores, including three in Pennsylvania, to a Boston private equity firm for $947 million to pay its creditors.

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

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