JCPenney, Joann, Macy's and Kohl's are among several department stores closing stores in 2025. Here's what to know.
JCPenney has quietly upended expectations for a big slice of its store base, dropping a surprise update on the fate of 119 locations that were supposed to change hands in a major real estate deal.
Despite numerous reports that the plan to sell 117 JCPenney store properties for $935 million to Onyx Partners has fallen through, Onyx says it is ready to close the transaction “promptly” as soon as ...