The “C” in J.C. Penney stands for “Cash,” the middle name of founder James Cash Penney, but the department store is struggling to generate much in its post-bankruptcy years. As of Oct. 29, the company ...

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J.C. Penney's plan to sell its department store operations to landlords Simon Property Group and Brookfield Asset Management won approval in federal bankruptcy court on Monday. The court confirmation ...

As part of its back-to-school campaign, J.C. Penney is debuting several brands into its product assortment, including Aeropostale, Volcom and Hurley, the retailer announced on Tuesday. The retailer ...

On Monday, the U.S. Bankruptcy Court for the Southern District of Texas approved the $1.75 billion sale of J.C. Penney to mall owners Brookfield Asset Management and Simon Property Group, with the ...

A man with a Macy's bag walks past the J.C. Penney's store in New York on April 11, 2013. Reuters After years of struggles, JC Penney may be finally ready to turn the corner. But what does the ...

JCPenney is preparing to close some stores in a handful of states as a result of its plan to reverse certain financial problems and improve the stores it still has . In late 2020, the more than ...