JCPenney is selling 119 of its U.S. stores in a $947 million, all-cash deal with an affiliate of private Boston firm Onyx Partners that’s expected to close in early September. Pensacola’s lone ...

About five years after JCPenney filed for bankruptcy, a Boston private equity firm will pay $947 million for 119 JCPenney stores. The all-cash sale of 119 JCPenney properties to an affiliate of Onyx ...

JCPenney announced it plans on closing 154 locations nationwide this summer, with additional closures expected to be announced in the coming weeks. The company has been hemorrhaging locations in ...

(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 ...

J.C. Penney says it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next several months as it aims to improve profitability in the era of online shopping.

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 ...

(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 ...

(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 ...