A missed deadline to close and a dispute over a $5 million deposit are putting the retail portfolio sale in jeopardy.
The proposed $947 million nationwide deal would have sold the 149,608-square-foot store in Freehold and 116 other JCPenney ...
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 ...
Once a mall staple and a go-to department store for generations of families since 1902, JCPenney has endured turbulent years ...
Another day, another store announces that it’s closing more locations. Earlier this week, Joann Fabrics announced that it’s closing a whopping 500 locations, but now it’s JCPenney’s turn. The ...
JCPenney is closing eight stores nationwide by mid-2025. The company previously closed over 200 stores after filing for Chapter 11 bankruptcy in 2020. The JCPenney located in Eugene, Oregon at the ...
Onyx Partners remains committed to closing the acquisition of 117 JCPenney stores while owner Copper Property states the ...
JCPenney locations in CA, CO, ID, KS, NH, NC, and WV are expected to shut down May 25, per USA Today. After emerging from bankruptcy in 2020, JCPenney continues to fight inflation, reduced foot ...
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