It was just announced that 119 JCPenney locations are going to be sold-off. So what does this mean for the 123 year-old brand? Back in 2020, CNN reported that JCPenney declared Chapter 11 bankruptcy.

JCPenney, one of the most popular American retailers, has been shuttering some of its stores since 2024. Amid recent changes in the economy and overall business trends, shoppers are wondering if ...

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 ...

JCPenney is shuttering a handful of locations throughout the country. The company cited "expiring lease agreements" and "market changes" for the reason behind the closures.

Several JCPenney stores will close on this weekend, after emerging from bankruptcy in 2020.

A "handful" of JCPenney locations are soon to be closing, a company spokesperson said, adding to the retailer's long list of shuttered stores since it filed for bankruptcy in 2020. The spokesperson ...

Seven JCPenney locations will close their doors on Sunday, May 25. Here's the full list.

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 ...