The collapse of JCPenney's latest real estate rescue plan has pushed a fresh wave of uncertainty onto the department store's ...

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.

Still, the results were “not terrible,” given the department store’s improvements and its target customers’ financial stress, ...

Onyx Partners accused the seller, the Copper Property trust, of deliberately sabotaging the transaction so it could chase a higher price elsewhere.

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 ...

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

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 ...