The proposed $947 million nationwide deal would have sold the 149,608-square-foot store in Freehold and 116 other JCPenney ...
Usually, when a retailer finds itself in financial trouble, experienced observers see the signs. In the month before JCPenney ...
Onyx Partners accused the seller, the Copper Property trust, of deliberately sabotaging the transaction so it could chase a higher price elsewhere.
Department stores have finished their 2025 holiday season and are regrouping by slashing product prices and also closing ...
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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 ...
Still, the results were “not terrible,” given the department store’s improvements and its target customers’ financial stress, ...
A missed deadline to close and a dispute over a $5 million deposit are putting the retail portfolio sale in jeopardy.
One of the businesses is children's clothing store Carter's, which announced the company’s plans to close "low-margin" stores ...
A $947 million deal to sell 119 JCPenney stores, including six in the Houston area, fell apart after the seller said the ...
A $947 million real estate transaction collapsed on December 26, 2025, leaving 119 JCPenney store locations across 35 states ...
A deal to sell more than 100 JCPenney stores is likely not going forward. A regulatory form filed on Monday, Dec. 22, from the trust that had been charged with selling the assets confirmed the ...
A kitchen line with chef Jenny Martinez is moving into other home goods, while a Laura Ashley partnership is entering stores ...
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