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 ...
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 ...
The retail sector has been dealt with irrevocable changes in recent years as online shopping becomes more and more prevalent. Inflation rates and a less than ideal job market have long been the cause ...