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More than a half decade ago, Michelle Wlazlo was enjoying an enviable role at Target as senior vice president of merchandising — where she oversaw apparel and accessories, baby gear and essentials.

A deal to sell more than 100 JCPenney stores is likely not going forward. A regulatory form filed on Monday, Dec. 22, from the trust that had been charged with selling the assets confirmed the ...

Onyx Partners Ltd. will purchase 119 JCPenney stores for $947 million. The sale includes net-lease stores, meaning JCPenney pays rent and operating expenses. The deal is expected to close on September ...