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 ...
According to a report by The Street, Dillard’s, the department store chain that operates approximately 300 stores across 29 states, has closed or is shutting down several locations, including its ...
You can't blame declining foot traffic for pushing mall retailers to close stores. "After a relatively weak summer ...
JCPenney is closing yet another location, this time in Orange County, California. JCPenney will close its location in the Westminster Mall on or about Nov. 21, according to a Worker Adjustment and ...
Some retailers, like Walmart, are opening up savings before the big shopping day. Walmart, for instance, is offering a three-phase Black Friday deal this season, starting on Nov. 14 and ending Dec. 1, ...
“If you’ve followed our journey, you’ll know that at the heart of our strategy, JCPenney is committed to democratizing great things: fashion for prices you can afford and gifts that get heartfelt ...
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 ...
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