JCPenney is set to close several of its locations by mid-year. The retailer cited expiring lease agreements, market conditions and other business considerations behind its decision to shutter what it ...

An affiliate of Onyx Partners is buying 119 JCPenney stores for $947 million, with the deal expected to close on September 8. All affected stores are currently open, but it's unclear whether they will ...

It’s the end of a shopping era: JCPenney announced earlier this year that, due to financial challenges, it would be closing eight stores around the country by the end of this year. Read Next: 4 ...

JCPenney is closing seven stores across the country on Sunday, May 25. JCPenney filed for Chapter 11 bankruptcy protection in May 2020. Earlier this year, the company closed more than 200 U.S.

JCPenney will close eight stores by mid-year. The company says the closures are not tied to the Catalyst Brands merger. JCPenney has struggled financially since emerging from bankruptcy in 2020.