J.C. Penney's plan to sell its department store operations to landlords Simon Property Group and Brookfield Asset Management won approval in federal bankruptcy court on Monday. The court confirmation ...

In an era when the department store model is under siege, two major examples of it in the U.S. — Macy’s and J.C. Penney — are pursuing very different brick-and-mortar strategies. Their differences are ...

Earlier this month, I wrote about the criteria for department stores to be successful. Let’s look at J.C. Penney and see how well they meet the principles I enumerated that are valid in these ...

J.C. Penney plans to cut 1,000 of its roughly 85,000 jobs as it tries to fight its way out of bankruptcy protection. The jobs to be eliminated include corporate, field management and international ...

J.C. Penney, a 118-year-old retailer which survived the Great Depression, filed for bankruptcy on Friday as U.S. retail sales tumbled at a record pace, crushed by restrictions meant to stall the ...

J.C. Penney has added a pair of New York stores to its list of permanent closures, bringing the current closings list to 150 locations. When the closing Brooklyn store in Kings Plaza will begin its ...

J.C. Penney on Thursday revealed its initial list of proposed stores to be closed permanently as the company tries to stabilize its finances under Chapter 11 bankruptcy protection. (Scroll down to see ...

What would you do if you ran a once-prominent retailer that’s steadily declined over the years due to mismanagement and bad decisions catapulting it toward bankruptcy? Evidently, if you’re in charge ...

J.C. Penney is owned by its two largest landlords, Simon Property Group and Brookfield Asset Management, which owns Stonebriar Mall in Frisco. Jason Janik / Special Contributor J.C. Penney has cut 650 ...

Penney's added major kitchen and laundry appliances to its home departments in 2016 after testing in three markets..The move, however, didn't provide the sales lift the retailer expected. 2016 File ...

The deal for the company’s retail business will keep a number of locations open and is likely to save tens of thousands of jobs. By Lauren Hirsch and Sapna Maheshwari J.C. Penney reached an agreement ...

J.C. Penney filed drafts of its sale agreements Tuesday, saying it had made significant progress toward its planned exit from Chapter 11 bankruptcy before Black Friday. The Plano, Texas-based company ...