The deal was formed during JCPenney’s 2020 bankruptcy. In July 2025, the trust announced Onyx would acquire 119 stores for $947 million. The deal was expected to be closed in September 2025, but ...
JCPenney has confirmed that all its stores will remain closed on Wednesday, December 25, 2025, in line with most major retail ...
JCPenney announced it plans on closing 154 locations nationwide this summer, with additional closures expected to be announced in the coming weeks. The company has been hemorrhaging locations in ...
JCPenney is set to close several of its locations by mid-year. The retailer cited expiring lease agreements, market conditions and other business considerations behind its decision to shutter what it ...
A Boston private equity firm, Onyx Partners, Ltd., is purchasing 119 JCPenney stores for $947 million. The sale involves net-lease stores, meaning Onyx Partners will be responsible for rent and ...
JCPenney is closing yet another location, this time in Orange County, California. JCPenney will close its location in the Westminster Mall on or about Nov. 21, according to a Worker Adjustment and ...
JCPenney plans to shut down as many as 140 stores in the next few months, the retailer announced. According to CNN, the department store chain did not disclose how many jobs would be cut, but it said ...
Stoneridge Shopping Center's JCPenney store in Pleasanton will close its doors for the final time on February 22, 2026, ...