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Is JCPenney being bought out? Are stores closing? How many stores are left? What we know
JCPenney filed for bankruptcy in 2020 during the COVID-19 pandemic, and now a Boston private equity firm will finally pay $947 million to own 119 JCPenney stores. Here's what we know: Start the day ...
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 ...
Onyx Partners Ltd. will purchase 119 JCPenney stores for $947 million. The sale includes net-lease stores, meaning JCPenney pays rent and operating expenses. The deal is expected to close on September ...
WWD reported in January that, according to Coresight Research, a research and advisory firm specializing in retail and ...
The struggling department store said it was able to mitigate higher distribution costs and tariffs through better markdown ...
JCPenney is closing seven stores this weekend across the country, including a local one New Hampshire. The JC Penney at the Fox Run Mall will close on May 25, a spokesperson confirmed to USA Today.
WASHINGTON — A Boston-based private equity firm is purchasing 119 JCPenney stores for nearly $1 billion, about five years after the retailer filed for bankruptcy. Onyx Partners, Ltd. will acquire the ...
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