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.

JCPenney has sold 119 stores for $1 billion. Will they remain open? See the Ohio and Kentucky locations and learn what we know.

Add Yahoo as a preferred source to see more of our stories on Google. JCPenney is closing yet another location, this time in Orange County, California. Seventy-six employees work at the location and ...

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 ...