A $947 million real estate transaction collapsed on December 26, 2025, leaving 119 JCPenney store locations across 35 states ...

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 has joined the ranks of other retailers such as Joann and Kohl’s announcing store closures in 2025. This week, Joann announced the closure of 500 locations in 49 states and JCPenney announced ...

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 ...

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

Seven JCPenney stores spread across the country will close their doors for good this weekend. A Catalyst Brands spokesperson previously told USA TODAY that the umbrella company is "optimizing" its ...

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 store is one of the few anchors that is still open at the mall. Here's what to know about the buyer and how the deal ...