The collapse of JCPenney's latest real estate rescue plan has pushed a fresh wave of uncertainty onto the department store's ...

A $947 million real estate transaction collapsed on December 26, 2025, leaving 119 JCPenney store locations across 35 states ...

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

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 ...

Boston-area private equity firm Onyx Partners missed a Dec. 26 deadline to close on the $997M deal for 116 properties. It ...

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

Onyx Partners accused the seller, the Copper Property trust, of deliberately sabotaging the transaction so it could chase a higher price elsewhere.

Still, the results were “not terrible,” given the department store’s improvements and its target customers’ financial stress, ...

Both collections are available now at select JCPenney stores and online at jcpenney.com. The collections will be featured ...