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 ...

Time is running out for JCPenney shoppers as multiple stores are set to close over the weekend. Seven stores in as many states are set to close on May 25, according to a spokesperson for JCPenney.

It's the end of a shopping era: JCPenney announced earlier this year that, due to financial challenges, it would be closing eight stores around the country by the end of this year. The department ...

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 ...

WASHINGTON — A Boston-based private equity firm is purchasing 119 JCPenney stores for nearly $1 billion, about five years after the retailer filed for bankruptcy. Onyx Partners, Ltd. will acquire the ...

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-time retailing giant battles to steady its finances. The department store ...

A deal to sell JCPenney stores in the Chicago area and in dozens of other states includes two of the chain’s best performers, in Mokena and Orland Park, according to companies involved in the ...