Once a mall staple and a go-to department store for generations of families since 1902, JCPenney has endured turbulent years ...

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 ...

Three Connecticut locations will be included in the sale of 119 JCPenney stores to a Boston-based private equity firm later this summer. An affiliate of Onyx Partners, Ltd. will pay $947 million in ...

In 2025, the economy is taking a toll on the stores you love to shop at, many of which have been staples of the American business landscape for decades. Along with Macy’s shuttering over 60 stores ...