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 ...
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 ...
WUSA

Deal to sell 117 JCPenney stores in danger of collapse

WASHINGTON — A $947 million deal to sell 117 JCPenney stores is in danger of collapse after a Boston-based private equity firm failed to complete the transaction by a scheduled deadline, according to ...
FashionUnited

950 million dollar deal for JCPenney store portfolio falls through

A $950 million deal for 119 JCPenney store locations has been terminated. The stores will remain operational despite the failed transaction.