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JCPenney sold: 3 New York stores bought by Boston firm in $947M deal

Three JCPenney department stores in New York are part of a nearly $1 billion acquisition deal announced last month. An affiliate of Boston-based private equity firm Onyx Partners, Ltd. has agreed to purchase 119 JCPenney ... more
JCPenney store closures hit seven states on May 25

JCPenney will permanently close seven of its retail locations on Sunday, May 25, as part of its ongoing restructuring efforts. The closures span California to West Virginia, reflecting continued challenges in the mall-based retail sector ... more