An affiliate of Onyx Partners is buying 119 JCPenney stores for $947 million, with the deal expected to close on September 8. All affected stores are currently open, but it's unclear whether they will ...
Add Yahoo as a preferred source to see more of our stories on Google. JCPenney is closing yet another location, this time in Orange County, California. Seventy-six employees work at the location and ...
A ten-figure deal to sell more than 100 JCPenney stores has devolved into a high-stakes legal fight, with buyer Onyx Partners accusing the seller, the Copper Property trust, of deliberately sabotaging ...
JCPenney is set to close several of its locations by mid-year. The retailer cited expiring lease agreements, market conditions and other business considerations behind its decision to shutter what it ...
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 ...
WASHINGTON — A $947 million deal to sell 117 JCPenney stores is in danger of collapse after a Boston-based private equity firm failed to complete the transaction by a scheduled deadline, according to ...
More than a half decade ago, Michelle Wlazlo was enjoying an enviable role at Target as senior vice president of ...