A $947 million deal to sell 119 JCPenney stores, including two in Albuquerque fell apart after the seller said the prospective buyer missed a deadline.
A missed deadline to close and a dispute over a $5 million deposit are putting the retail portfolio sale in jeopardy.
A deal to sell more than 100 JCPenney stores is likely not going forward. A regulatory form filed on Monday, Dec. 22, from the trust that had been charged with selling the assets confirmed the ...
A $947M deal to sell 119 JCPenney stores, including one in the St. Louis area, fell apart after the seller said the prospective buyer missed a deadline.
One of the longest-standing department stores in the country, JCPenney is well known for its heavy markdowns and sales that happen often — maybe too often that it makes us question if the deals are ...
The proposed $947 million nationwide deal would have sold the 149,608-square-foot store in Freehold and 116 other JCPenney ...
Boston-area private equity firm Onyx Partners missed a Dec. 26 deadline to close on the $997M deal for 116 properties. It ...
Summer certainly has lots going for it, but when it comes to the best fashion, nothing beats fall. The sweaters, jackets and booties are a style lover's dream, and with temps dipping lower each day, ...
JCPenney has its own spin on January deals with the Pink Ticket Event, and it's happening right now through Jan. 25. It's the ...