It was just announced that 119 JCPenney locations are going to be sold-off. So what does this mean for the 123 year-old brand? Back in 2020, CNN reported that JCPenney declared Chapter 11 bankruptcy.

WASHINGTON — A $947 million deal to sell 117 JCPenney stores is in danger of collapse after a Boston-based private equity firm failed to complete the transaction by a scheduled deadline, according to ...

In late July, a private equity firm announced it would pay $947 million for 119 JCPenney stores, including one in Minnesota. The all-cash sale of 119 JCPenney properties to an affiliate of Onyx ...

More than 100 JCPenney stores are facing an uncertain future after a deal to sell the locations fell through. That includes the JCPenney store in Owasso, where customers say they are worried about ...

MCDONOUGH, Ga. — A JCPenney store in Henry County is one of 119 locations sold in a $947 million deal—but shoppers shouldn’t expect anything to change. The McDonough store is not closing. No changes ...