The deal was formed during JCPenney’s 2020 bankruptcy. In July 2025, the trust announced Onyx would acquire 119 stores for ...

WASHINGTON — A $947 million deal to sell 117 JCPenney stores is in danger of collapse after a Boston-based private equity ...

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

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

More than 100 JCPenney stores face an uncertain future after a $950 million deal to sell the locations to a private equity ...

Onyx Partners remains committed to closing the acquisition of 117 JCPenney stores while owner Copper Property states the ...

A ten-figure deal to sell more than 100 JCPenney stores has devolved into a high-stakes legal fight, with buyer Onyx Partners ...

After shutting down several underperforming stores in May, JCPenney is planning to close a warehouse and lay off nearly 300 workers this year, USA TODAY reports. "While this decision was difficult, it ...

JCPenney is set to close a Texas warehouse and lay off nearly 300 employees this year. JCPenney announced in May it will permanently close its Alliance Supply Chain facility in Haslet, Texas around ...

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

More than 100 JCPenney stores, including the Owasso location, face an uncertain future after a sale deal falls through, ...