PLANO, Texas--(BUSINESS WIRE)--For the second year in a row, JCPenney was awarded the number one spot in USA TODAY’s 10Best Readers’ Choice Award for Best Department Store. Earning the most votes of ...

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 has quietly upended expectations for a big slice of its store base, dropping a surprise update on the fate of 119 locations that were supposed to change hands in a major real estate deal.

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 ...