Seven JCPenney stores spread across the country will close their doors for good this weekend. A Catalyst Brands spokesperson previously told USA TODAY that the umbrella company is "optimizing" its ...

Add Yahoo as a preferred source to see more of our stories on Google. JCPenney has joined the ranks of other retailers such as Joann and Kohl’s announcing store closures in 2025. This week, Joann ...

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 ...

JCPenney filed for bankruptcy in 2020 during the COVID-19 pandemic, and now a Boston private equity firm will finally pay $947 million to own 119 JCPenney stores. Here's what we know: Start the day ...

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 ...