PennyGem on MSN

JCPenney $947 million lifeline fails leaving 119 landmark stores at risk

J.C. Penney's ambitious $947 million agreement to sell 119 stores to Onyx Partners has collapsed, thrusting these locations ...

JCPenney has more than 100 stores on chopping block after $950M deal collapses

More than 100 JCPenney stores face an uncertain future after a $950 million deal to sell the locations to a private equity ...

$1B deal for JCPenney portfolio stalls as buyer, seller square off over deposit

A missed deadline to close and a dispute over a $5 million deposit are putting the retail portfolio sale in jeopardy.

Future of JCPenney anchor store at N.J. mall uncertain after $947M deal collapses

The proposed $947 million nationwide deal would have sold the 149,608-square-foot store in Freehold and 116 other JCPenney ...

Deal To Sell 117 JCPenney Stores Falters Even As Buyer Onyx Stays Committed

Onyx Partners remains committed to closing the acquisition of 117 JCPenney stores while owner Copper Property states the ...
ksby

JCPenney to close 15 more stores after exiting bankruptcy

JCPenney announced in a blog post that it would be closing more stores after it already closed up to 200 since filing for bankruptcy in May. "Following a comprehensive review of the JCPenney retail ...
AOL

JCPenney is closing a 51-year-old store. See which location is closing its doors.

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 ...