The deal was formed during JCPenney’s 2020 bankruptcy. In July 2025, the trust announced Onyx would acquire 119 stores for ...
WASHINGTON — A $947 million deal to sell 117 JCPenney stores is in danger of collapse after a Boston-based private equity ...
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 ...
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 ...
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 ...
Seven JCPenney locations will close in the coming weeks, the latest round of closures from major retailers across the U.S. The department store chain announced a partnership with Forever 21 in January ...
JCPenney will be open on Christmas Eve, albeit on reduced hours. Catering to last-minute shoppers, a representative of the department store chain told news outlets that they would open as early as 9 ...
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 ...
PLEASANTON — JCPenney says it will close its doors at Stoneridge Shopping Center in Pleasanton in about two months as the one ...
The troubled clothing retailer brings to an end a tough year, marked by a number of store and warehouse closures across the United States.