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 ...

A Boston-based private equity firm will pay $947 million for 119 JCPenney stores, marking the latest shift for the retailer since it filed for bankruptcy five years ago. In a news release, Copper ...

JCPenney and the Copper Property CTL Pass Through Trust finally have a buyer for 119 JCPenney stores after filing for bankruptcy in 2020 during the COVID-19 pandemic An affiliate of Onyx Partners, Ltd ...

It was just announced that 119 JCPenney locations are going to be sold-off. So what does this mean for the 123 year-old brand? Back in 2020, CNN reported that JCPenney declared Chapter 11 bankruptcy.

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 ...

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 ...

After serving the community for decades, JCPenney has announced the closure of its store at Westminster Mall in California. While some sources claim the store opened in 1974, others suggest it began ...

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 ...