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

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

Two J.C. Penney stores in Western Pennsylvania will be sold to a private equity firm near Boston about five years after the ...

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 ...

A half-dozen JCPenney buildings in Michigan are part of a nearly $1 billion pending private equity deal for more than 100 of ...

JCPenney is selling off 119 stores nationwide in a nearly $1 billion deal. The all-cash sale, which amounted to $947 million, was to Boston-based private equity firm affiliated with Onyx Partners, Ltd ...

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 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.

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 ...