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 ...

$1B deal for JCPenney portfolio stalls as buyer, seller square off over deposit

A missed deadline to close and a dispute over a $5 million deposit are putting the retail portfolio sale in jeopardy.

Future of JCPenney anchor store at N.J. mall uncertain after $947M deal collapses

The proposed $947 million nationwide deal would have sold the 149,608-square-foot store in Freehold and 116 other JCPenney ...
Bisnow

$1B Cash Deal To Buy JCPenney Stores Hits Snag, Lawsuit Filed

Boston-area private equity firm Onyx Partners missed a Dec. 26 deadline to close on the $997M deal for 116 properties. It ...
Yahoo

JCPenney is closing stores on May 25, including one in NH. Here's where

JCPenney is closing seven stores this weekend across the country, including a local one New Hampshire. The JC Penney at the Fox Run Mall will close on May 25, a spokesperson confirmed to USA Today.
NBC Chicago

JC Penney to shutter multiple stores ahead of Memorial Day holiday: Report

Popular retail chain JCPenney is set to close multiple stores just before the Memorial Day holiday. The retailer had previously announced plans to close seven stores by the end of May. But in a new ...