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 $947 million real estate transaction collapsed on December 26, 2025, leaving 119 JCPenney store locations across 35 states ...
A missed deadline to close and a dispute over a $5 million deposit are putting the retail portfolio sale in jeopardy.
After shutting down several underperforming stores in May, JCPenney is planning to close a warehouse and lay off nearly 300 workers this year, USA TODAY reports. "While this decision was difficult, it ...
JCPenney is set to close a Texas warehouse and lay off nearly 300 employees this year. JCPenney announced in May it will permanently close its Alliance Supply Chain facility in Haslet, Texas around ...
The proposed $947 million nationwide deal would have sold the 149,608-square-foot store in Freehold and 116 other JCPenney ...
Boston-area private equity firm Onyx Partners missed a Dec. 26 deadline to close on the $997M deal for 116 properties. It ...
JCPenney is closing seven stores this weekend across the country, including a local one New Hampshire. The JC Penney at the Fox Run Mall will close on May 25, a spokesperson confirmed to USA Today.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results