Losing Powerball tickets could earn a 'winning' $20-off coupon in JCPenney sweepstakes
Powerball players who still have their losing tickets have a chance at winning a JCPenney $20-off coupon, which will be given out to 20,000 lucky social media users.
JCPenney owners offer to buy archrival Kohl’s for $8.6B
The owners of JCPenney have made an offer to acquire archrival Kohl’s in a deal that could value the department-store chain at upwards of $8.6 billion, The New York Post has learned.
JCPenney cuts hundreds of jobs
Despite new owners, the woes continue for the ailing JCPenney, which has cut 650 jobs, according to Forbes.
JCPenney pushes some store closings to May as its closure list grows
The company originally planned to begin liquidation sales before the new year, with 15 stores slated to close by March.
JCPenney begins new CEO search for fresh start
The 118-year-old retail giant's new owners, Brookfield Partners and Simon Property Group, announced that they are looking for someone "focused on modern retail, the consumer experience, and the goal of creating a sustainable and enduring JCPenney."
JCPenney closing more stores in 2021 as new owners reshape retailer
J.C. Penney is closing even more stores in March of 2021.
JCPenney emerges from bankruptcy
In November, the U.S. Bankruptcy Court for the Southern District of Texas approved a purchase agreement in which substantially all of J.C. Penney’s retail and operating assets would be acquired by its two largest landlords and its primary lenders.
Sephora to set up shop inside Kohl’s
The partnership follows Ulta Beauty Inc.'s deal announced in November to open more than 100 shops inside Target Corp. stores by next year and sell its products on the discount chain's website.
2020’s best Black Friday deals are at these retailers: report
WalletHub found which stores have the best Black Friday deals this year.
J.C. Penney on track for Chapter 11 exit before holiday shopping season
JCPenney’s retail and operating assets to be acquired by Brookfield Asset Management and Simon Property Group.
JCPenney CEO says company could exit Chapter 11 bankruptcy process before the holiday season
According to a press release, the retailer has now filed a draft asset purchase agreement, which brings the department store chain one step closer to a sale with mall owners Brookfield Asset Management and Simon Property Group.
JC Penney rescue would save 70,000 jobs as deal with Brookfield, Simon Property confirmed
Embattled retailer JC Penney gets a lifeline from two of the nation's largest landlords in a deal valued around $800 million.
JCPenney proposes to sell company out of bankruptcy
J.C. Penney Co. will pursue a bankruptcy sale to top lenders, including H/2 Capital Partners LLC, that would hand them equity in exchange for their debt claims.
Amazon reportedly looking to transform shuttered JCPenney, Sears stores into fulfillment centers
The deal could give the Seattle-based online retail giant more warehouse space to unload and pick up packages closer to consumers, speeding up delivery times.
Sycamore Partners offers $1.75B for JCPenney with plan to grow Belk
Sycamore sees JCPenney helping to revive the North Carolina-based Belk, a struggling department store chain with 300 stores located mostly in the South, a source said.
JC Penney to close another 152 stores, cuts 1,000 jobs
JC Penney says it will close an additional 152 stores and cut 1,000 jobs as it tries to fight its way out from under bankruptcy protection.
Lane Bryant, Ann Taylor owner to file for bankruptcy: Report
Ascena Retail Group, the owner of brands like Lane Bryant and Ann Taylor, is preparing to file for bankruptcy as soon as this week, according to Bloomberg.
These US companies are observing Juneteenth as a work holiday this year
Nearly every state and Washington, D.C. recognizes the day as a holiday or observance, although it is not a federal holiday.
JCPenney shutting down 154 stores after coronavirus-driven bankruptcy
JCPenney announces additional store closures after COVID-19 bankruptcy.
Martha Stewart's retail advice for coronavirus comeback: 'Online is the future'
Martha Stewart dishes on how retailers and small business owners can pivot to make a comeback during the coronavirus pandemic.