Onyx Partners renewed its $934M bid for 117 J.C. Penney stores, testing demand for large retail portfolios amid litigation.

The “C” in J.C. Penney stands for “Cash,” the middle name of founder James Cash Penney, but the department store is struggling to generate much in its post-bankruptcy years. As of Oct. 29, the company ...

Onyx Partners, a private equity firm that last year attempted to acquire a portfolio of roughly 120 J.C. Penney stores spanning several states, is trying again.

Losses narrowed, though, and the department store’s backing from Catalyst Brands gives it some breathing room.

J.C. Penney, weighed down by debt and battered by the coronavirus, has filed for bankruptcy. The Plano, Texas-based retailer employed roughly 90,000 full- and part-time workers as of February. Sales ...

JC Penney recently announced that it has revamped its most popular private label brand, Arizona Jeans, just in time for the back-to-school season. One in three JC Penney customers buy the Arizona ...

In Ernest Hemingway's novel, The Sun Also Rises, a character named Mike Campbell is asked how he went bankrupt. He offers the sobering and famous line, “Two ways. Gradually, then suddenly.” J.C.

J.C. Penney Co. Inc. has rebuilt its beauty business and is ready to run with it. Ten “pilot” JCPenney Beauty shops will open inside Penney’s stores in mid-October, and on Oct. 15, the recast beauty ...

J.C. Penney finally lifted the lid on its plans to downsize its fleet, telling investors on Friday that it would close between 130 and 140 of its stores over the next few months. The retailer made its ...

Barricades block off the main entrance to what was once the grand rotunda of the J.C. Penney headquarters in Plano. In view through the windows are rows and rows of desks that have been cleaned out ...

The Cooks Programmable 12-cup (JC Penney exclusive) is part of the Coffee Makers test program at Consumer Reports. In our lab tests, Drip Coffee Maker models like the Programmable 12-cup (JC Penney ...