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JCPenney drops a surprise update on the future of 119 stores

JCPenney has quietly upended expectations for a big slice of its store base, dropping a surprise update on the fate of 119 ...

$950M deal to sell more than 100 JCPenney stores collapses

Onyx Partners, a Boston-based investment firm, was set to acquire 119 JCPenney stores from the Copper Property CTL Pass ...

Deal to sell 117 JCPenney stores in danger of collapse

WASHINGTON — A $947 million deal to sell 117 JCPenney stores is in danger of collapse after a Boston-based private equity ...