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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 ...
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 ...
A missed deadline to close and a dispute over a $5 million deposit are putting the retail portfolio sale in jeopardy.
JCPenney has joined the ranks of other retailers such as Joann and Kohl’s announcing store closures in 2025. This week, Joann announced the closure of 500 locations in 49 states and JCPenney announced ...
The proposed $947 million nationwide deal would have sold the 149,608-square-foot store in Freehold and 116 other JCPenney ...
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 ...
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 ...
JCPenney plans to close eight stores nationwide throughout 2025, but staff at the University Town Plaza location confirmed to the News Journal that they won’t be a part of JCPenney’s store closings ...
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