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 remain operational under new ownership. JCPenney, which ...

WASHINGTON — Several JCPenney store locations will shut their doors by the end of the week. The popular retailer confirmed that it will close seven stores across the U.S. by May 25. The closures come months after JCPenney announced it would close a ...

The department store is following in the footsteps of competitors like Macy's. JCPenney plans to close several stores before the end of May, the department store chain confirmed to "Good Morning America" this week. In a statement to "GMA," JCPenney said ...

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 traffic, and economic pressures on core customers. Several ...

JCPenney's will ring up its final sales at select stores this weekend, bidding farewell for good to customers and employees at stores in California, Idaho and more. A spokesperson for the longstanding department store chain confirmed the closures ...