Sales and profit slumps were relatively modest, a sign the department store’s merchandising and marketing efforts are paying ...

James Cash Penney opened his first store, the Golden Rule, in the coal-mining town of Kemmerer, Wyoming. This modest shop ...

After shutting down several stores in May, JCPenney is planning to close a warehouse and lay off nearly 300 workers this year ...

Nearly 300 workers will be losing their jobs as a result from an upcoming closure initiated by JCPenney.

JCPenney is set to close its Alliance Supply Chain facility in Haslet, Texas around Nov. 1, affecting 296 employees.

With relatively few reasons to go to the Indian River Mall now, its owner's plans to redevelop it are welcome. But the plans ...

J.C. Penney hasn’t had to release its finances since 2020. Here’s how the retailer is doing. The department store insists it’s on a “strong financial footing,” but filings show ongoing ...

I assume they were thinking that the group was buying the J. C. Penney Company and thus, their JCPNQ stock. They are not buying the company. They are only buying the assets under section 363.

J.C. Penney Co. expects to sell itself in coming months to a bidder that will keep the company’s stores operating under the current name, Penney’s lead bankruptcy lawyer said Wednesday.

J.C. Penney is looking to go forward with a sale of the business to avoid a brush with liquidation. Store closing sales are underway at 150 locations.

J. C. Penney Company, Inc. (OTCMKTS: JCPNQ) today announced that it has taken the first step in implementing its store optimization strategy.