Jason Janik / Special Contributor NEW YORK — JCPenney said Thursday it plans to spend more than $1 billion by the end of 2025 in a bid to revive the storied but troubled 121-year-old department store ...
WASHINGTON — A Boston-based private equity firm is purchasing 119 JCPenney stores for nearly $1 billion, about five years after the retailer filed for bankruptcy. Onyx Partners, Ltd. will acquire the ...
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. JCPenney's "Yes, JCPenney" campaign, led by Marisa Thalberg ...
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