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JCPenney faces new challenges with store closures in California

JCPenney, a major U.S. department store chain, is closing another store in California amid a series of closures due to ...
ABC15 Arizona

JCPenney to close 15 more stores after exiting bankruptcy

JCPenney announced in a blog post that it would be closing more stores after it already closed up to 200 since filing for bankruptcy in May. "Following a comprehensive review of the JCPenney retail ...

JCPenney store in Pleasanton to close in two months as retailer struggles

PLEASANTON — JCPenney says it will close its doors at Stoneridge Shopping Center in Pleasanton in about two months as the one ...

JCPenney closes another location in California. What to know

The closure was first reported by local news station KRON-TV. In a statement to the outlet, JCPenney said the ...
KTVU

JCPenney stores closing later this month: See the list

JCPenney locations in CA, CO, ID, KS, NH, NC, and WV are expected to shut down May 25, per USA Today. After emerging from bankruptcy in 2020, JCPenney continues to fight inflation, reduced foot ...
abc7NY

JCPenney expected to sell to Simon and Brookfield for $1.75B

PLANO, Texas -- Next time you visit a JCPenney store, it won't just be in the mall, it could be owned by the mall. The 118-year-old department store is expected to enter into a $1.75 billion sale ...
USA Today

119 JCPenney stores, including Pier Park store in PCB, sold in nearly $1 billion deal.

Onyx Partners Ltd. will purchase 119 JCPenney stores for $947 million. The sale includes net-lease stores, meaning JCPenney pays rent and operating expenses. The deal is expected to close on September ...
Business Wire

JCPenney to Reduce Debt and Strengthen Financial Position Through Restructuring Support Agreement

PLANO, Texas--(BUSINESS WIRE)--J. C. Penney Company, Inc. (NYSE: JCP) today announced that it has entered into a restructuring support agreement (the “RSA”) with lenders holding approximately 70% of ...