The Daily Overview on MSN

JCPenney rescue deal implodes, 120 stores face the axe

The collapse of JCPenney's latest real estate rescue plan has pushed a fresh wave of uncertainty onto the department store's already fragile footprint. A complex deal meant to offload more than 100 ...
Retail Dive

J.C. Penney’s loss balloons in Q3 as sales continue to slide

Still, the results were “not terrible,” given the department store’s improvements and its target customers’ financial stress, ...
PennyGem on MSN

JCPenney’s $950M lifeline implodes—120 stores across 35 states now face the axe

A $947 million real estate transaction collapsed on December 26, 2025, leaving 119 JCPenney store locations across 35 states ...
Forbes

JC Penney Q1 Losses Triple Despite New Supply Chain Investment

JC Penney has reported widening losses. (Photo by: Jeffrey Greenberg/Education Images/Universal Images Group via Getty Images) Department store JC Penney has reported that its net loss in the first ...
Time

For JC Penney, the Right Direction May Be … Reverse

JC Penney has its old CEO, Mike Ullman, in charge of the company again. Abundant sales and coupons have returned, as have brands that disappeared for a spell. In many ways, the JC Penney of old is ...
Retail Dive

J.C. Penney expands 2 home collections

A kitchen line with chef Jenny Martinez is moving into other home goods, while a Laura Ashley partnership is entering stores ...