The collapse of JCPenney's latest real estate rescue plan has pushed a fresh wave of uncertainty onto the department store's ...
Onyx Partners accused the seller, the Copper Property trust, of deliberately sabotaging the transaction so it could chase a ...
A $950 million all-cash deal for 119 JCPenney stores collapsed just weeks before its December 2025 closing, thrusting the ...
Still, the results were “not terrible,” given the department store’s improvements and its target customers’ financial stress, ...
A missed deadline to close and a dispute over a $5 million deposit are putting the retail portfolio sale in jeopardy.
Once a mall staple and a go-to department store for generations of families since 1902, JCPenney has endured turbulent years marked by bankruptcy, mass store closures, and restructuring efforts. Now, ...
The proposed $947 million nationwide deal would have sold the 149,608-square-foot store in Freehold and 116 other JCPenney ...
Onyx Partners Ltd.’s plan to purchase 117 JCPenney stores for $935 million has been delayed several times since it was first announced in July 2025.
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 ...
JCPenney widened its loss in the third quarter to $100 million from a deficit of $17 million a year ago. Sales slid 3.8 percent year-over-year to $1.36 billion, though activewear showed broad strength ...
A $947M deal to sell 119 JCPenney stores, including one in the St. Louis area, fell apart after the seller said the ...