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 ...

Add Yahoo as a preferred source to see more of our stories on Google. JCPenney is set to close a Texas warehouse and lay off nearly 300 employees this year. JCPenney announced in May it will ...

JCPenney is set to close several of its locations by mid-year. The retailer cited expiring lease agreements, market conditions and other business considerations behind its decision to shutter what it ...

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 ...

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.

JCPenney said it will close seven stores this weekend in California, Colorado, Idaho, Kansas, New Hampshire, North Carolina, and West Viriginia, according to USA Today, and will be running sales in ...

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 ...