Five years after filing for bankruptcy, JCPenney is making another major move. The retailer is selling 119 stores across the country, though no closures have been announced.The sale highlights the ...

Over 100 J.C. Penney stores will come under new ownership as part of a nearly $1 billion deal. The Roseville J.C. Penney and ...

In its most recent quarter, J.C. Penney's sales fell nearly 8%, to $3.4 billion, from the year-earlier period, while income was $27 million, down from $75 million for the same period a year ago. J ...

J.C. Penney only has about 800,000 followers on Instagram. By comparison, Macy's has 1.9 million followers, Target has 4.2 million followers, and Inditex's Zara reaches a whopping 37.8 million ...

J.C. Penney is on track to exit bankruptcy by Thanksgiving, defying naysayers who believed the 118-year-old company was heading to the department store graveyard. At the end of a 10-hour hearing ...

J.C. Penney plans to close 15 additional full-line stores and nine home-and-furniture locations as the retailer struggles to get its footing amid significant challenges for department stores.

J.C. Penney became the latest national retailer to seek Chapter 11 bankruptcy protection. The department store chain was struggling even before the coronavirus pandemic. (Mike Blake/Reuters) ...

J.C. Penney (OTC: JCPN.Q) has struggled with weak sales and profitability for nearly a decade due to a failed makeover attempt and falling mall traffic. The COVID-19 pandemic was the last straw ...

J.C. Penney was known for its lucrative retirement benefits, but now thousands of retirees are worried that some of their retirement income could vanish in the retailer’s bankruptcy.

J.C. Penney is on course to emerge from bankruptcy by Thanksgiving, after a US bankruptcy court approved the sale of the ailing 118-year-old retailer to its two largest landlords and its primary ...

In 1925, J.C. Penney bought 120,000 acres in Clay County, Fla. He envisioned an experimental farming project and a final home for retired ministers.