A $947 million real estate transaction collapsed on December 26, 2025, leaving 119 JCPenney store locations across 35 states ...

J.C. Penney's ambitious $947 million agreement to sell 119 stores to Onyx Partners has collapsed, thrusting these locations ...

A missed deadline to close and a dispute over a $5 million deposit are putting the retail portfolio sale in jeopardy.

The proposed $947 million nationwide deal would have sold the 149,608-square-foot store in Freehold and 116 other JCPenney ...

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 ...

JCPenney announced in a blog post that it would be closing more stores after it already closed up to 200 since filing for bankruptcy in May. "Following a comprehensive review of the JCPenney retail ...

Usually, when a retailer finds itself in financial trouble, experienced observers see the signs. In the month before JCPenney ...