PennyGem on MSN

JCPenney $947 million lifeline fails leaving 119 landmark stores at risk

J.C. Penney's ambitious $947 million agreement to sell 119 stores to Onyx Partners has collapsed, thrusting these locations across 35 states into limbo just after the December 22, 2025, closing date, ...
TPSY on MSN

JCPenney $950M rescue deal collapses leaving 120 stores and 15,000 jobs in limbo

A $950 million all-cash deal for 119 JCPenney stores collapsed just weeks before its December 2025 closing, thrusting the ...
MLive

Sale of more than 100 JC Penney locations falls through, ending near $1 billion deal

Five months after announcing a near $1 billion deal, the sale of more than 100 J.C. Penney locations appears to have fallen through. According to RetailDive, a regulatory filing shows that owner ...
fox17online

J.C. Penney announces 13 more stores closing

J.C. Penney has announced the 13 locations that will close permanently. The department store chain has already closed 154 stores after filing for Chapter 11 bankruptcy protection in May. In a blog ...