The backstory: JCPenney, which emerged from Chapter 11 reorganization in December 2020 with new owners, not only has grappled ...

Retailer JCPenney will permanently close eight stores in eight states this year. According to Axios, the department store ...

Inflation and a growing preference among consumers to shop online to find the cheapest deals took a toll on brick-and-mortar retailers in 2024.

JCPenney is set to close several of its locations by mid-year. The retailer cited expiring lease agreements, market conditions and other business considerations behind its decision to shutter what ...

Several top retailers in the U.S. have closed their stores as the organizations attempt to adjust their business operations ...

Last month, JCPenney announced it had partnered with Forever 21 to create a new company called Catalyst Brands. The merger also includes Brooks Brothers, Aéropostale, Lucky Brand, Nautica and ...

Last month, JCPenney announced it had partnered with fashion retailer Forever 21 to create a new company called Catalyst Brands. The merger also includes Brooks Brothers, Aéropostale, Lucky Brand ...

(Gray News) – JCPenney is closing several stores nationwide by the middle of the year, according to several reports. A statement received by Today said the retailer attributes the closings to ...

In January, the companies agreed to combine to form a new organization, Catalyst Brands, where they plan to create a portfolio of six retail banners. Prior to the merger, JCPenney contended with ...

The bulk of the closures are concentrated in California, Florida, Indiana, Michigan, New York, Pennsylvania and Washington.