JCPenney is selling 119 stores for $947 million to Onyx Partners, Ltd., a Boston-based private equity firm. Two Tennessee JCPenney locations are included in the sale. The sale is expected to close on ...
JCPenney announced store closures but did not specify how many or which locations. The retailer filed for bankruptcy in 2020 and was later acquired by Simon Property Group and Brookfield Asset ...
(NEXSTAR) — More than 100 JCPenney stores will soon have a new owner. Boston-based Onyx Partners, Ltd. has entered into a purchase and sale agreement with Copper Property CTL Pass Through Trust to buy ...
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JCPenney store sale: 2 Tennessee part of the over 100 stores nationwide. Will they close?
JCPenney is selling over 100 stores to a Boston-based private equity firm, with two locations in Tennessee. The sale will take place five years after the retailer filed for bankruptcy during the COVID ...
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