The Daily Overview on MSN
JCPenney rescue deal implodes, 120 stores face the axe
The collapse of JCPenney's latest real estate rescue plan has pushed a fresh wave of uncertainty onto the department store's ...
A $950 million all-cash deal for 119 JCPenney stores collapsed just weeks before its December 2025 closing, thrusting the ...
JCPenney and Joann are two of several big-name department stores expected to shutter stores this year. The two companies both shared store closure announcements this week, with JCPenney expected to ...
Another day, another store announces that it’s closing more locations. Earlier this week, Joann Fabrics announced that it’s closing a whopping 500 locations, but now it’s JCPenney’s turn. The ...
JCPenney is closing eight stores nationwide by mid-2025. The company previously closed over 200 stores after filing for Chapter 11 bankruptcy in 2020. The JCPenney located in Eugene, Oregon at the ...
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 ...
Once a mall staple and a go-to department store for generations of families since 1902, JCPenney has endured turbulent years marked by bankruptcy, mass store closures, and restructuring efforts. Now, ...
JCPenney will be closing eight more stores this year after filing for bankruptcy in 2020. This news comes after another retailer, Joann Fabric, announced it would be closing 500 stores nationwide.
JCPenney and Joann are two of several big-name department stores expected to shutter stores this year. The two companies both shared store closure announcements this week, with JCPenney expected to ...
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