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It was just announced that 119 JCPenney locations are going to be sold-off. So what does this mean for the 123 year-old brand? Back in 2020, CNN reported that JCPenney declared Chapter 11 bankruptcy.

SEATTLE — Three JCPenney locations are being sold in Washington state as part of a nearly $1 billion, 119-store nationwide sell-off. JCPenney announced last week that a Boston-based private equity ...

At least 119 JCPenney stores across the U.S. are set to change ownership in a major $947 million deal announced last week. The agreement comes five years after the retailer filed for Chapter 11 ...

(NEXSTAR) — More than 100 JCPenney stores will soon have a new owner. Boston-based Onyx Partners, Ltd. has entered into a purchase and sale agreement with Copper Property CTL Pass Through Trust to buy ...

A Boston-based private equity firm recently announced that it will purchase more than 100 JCPenney stores across the country, leaving many loyal customers wondering about the status of the locations, ...

A Boston private equity firm, Onyx Partners, Ltd., is purchasing 119 JCPenney stores for $947 million. The sale involves net-lease stores, meaning Onyx Partners will be responsible for rent and ...

AND GLACIERS. J.C. PENNEY FOUND A CASH BUYER FOR SOME OF ITS STORES, INCLUDING A FEW IN NORTHERN CALIFORNIA. A BOSTON PRIVATE EQUITY FIRM, ONEX PARTNERS LIMITED, IS PLANNING TO BUY 119 STORES FOR $947 ...

JCPenney is selling 119 stores for $947 million to Onyx Partners. The sale includes two Kentucky stores and five in Ohio, including Columbus, Dublin and Colerain Township near Cincinnati. All 119 ...