J.C. Penney's ambitious $947 million agreement to sell 119 stores to Onyx Partners has collapsed, thrusting these locations ...

A missed deadline to close and a dispute over a $5 million deposit are putting the retail portfolio sale in jeopardy.

The proposed $947 million nationwide deal would have sold the 149,608-square-foot store in Freehold and 116 other JCPenney ...

Onyx Partners remains committed to closing the acquisition of 117 JCPenney stores while owner Copper Property states the ...

The deal was formed during JCPenney’s 2020 bankruptcy. In July 2025, the trust announced Onyx would acquire 119 stores for ...

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 ...

A ten-figure deal to sell more than 100 JCPenney stores has devolved into a high-stakes legal fight, with buyer Onyx Partners ...

WASHINGTON — A $947 million deal to sell 117 JCPenney stores is in danger of collapse after a Boston-based private equity ...

Another day, another store announces that it’s closing more locations. Earlier this week, Joann Fabrics announced that it’s closing a whopping 500 locations, but now it’s JCPenney’s turn. The ...

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 ...

Onyx Partners, a Boston-based investment firm, was set to acquire 119 JCPenney stores from the Copper Property CTL Pass ...

More than 100 JCPenney stores, including the Owasso location, face an uncertain future after a sale deal falls through, ...