An affiliate of Onyx Partners is buying 119 JCPenney stores for $947 million, with the deal expected to close on September 8. All affected stores are currently open, but it's unclear whether they will ...

JCPenney's will ring up its final sales at select stores this weekend, bidding farewell for good to customers and employees at stores in California, Idaho and more. A spokesperson for the longstanding ...

A ten-figure deal to sell more than 100 JCPenney stores has devolved into a high-stakes legal fight, with buyer Onyx Partners accusing the seller, the Copper Property trust, of deliberately sabotaging ...

Despite numerous reports that the plan to sell 117 JCPenney store properties for $935 million to Onyx Partners has fallen through, Onyx says it is ready to close the transaction “promptly” as soon as ...

JCPenney is closing yet another location, this time in Orange County, California. JCPenney will close its location in the Westminster Mall on or about Nov. 21, according to a Worker Adjustment and ...

The collapse of JCPenney's latest real estate rescue plan has pushed a fresh wave of uncertainty onto the department store's ...