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 ...

$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.

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 ...

JCPenney store deal turns ugly as buyer accuses seller of sabotaging $947M sale

A ten-figure deal to sell more than 100 JCPenney stores has devolved into a high-stakes legal fight, with buyer Onyx Partners ...

119 JCPenney stores hang in the balance as deal deadline approaches

The deal was formed during JCPenney’s 2020 bankruptcy. In July 2025, the trust announced Onyx would acquire 119 stores for ...

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 ...