Executives for a trust that has worked for four years to sell the property defended the price and said a January deadline was ...

Five years after filing for bankruptcy, JCPenney is making another major move. The retailer is selling 119 stores across the ...

In 1925, J.C. Penney bought 120,000 acres in Clay County, Fla. He envisioned an experimental farming project and a final home ...

In its most recent quarter, J.C. Penney's sales fell nearly 8%, to $3.4 billion, from the year-earlier period, while income was $27 million, down from $75 million for the same period a year ago. J ...

J.C. Penney has a new brand called Hope & Wonder that will donate 100% of its profits by creating collections around important cultural moments, starting with Black History Month.

J.C. Penney began 2020 with hopes of yet another turnaround. Instead, the coronavirus shutdowns across the country have forced the department store and mall mainstay into bankruptcy.

J.C. Penney was known for its lucrative retirement benefits, but now thousands of retirees are worried that some of their retirement income could vanish in the retailer’s bankruptcy. As a ...

J.C. Penney only has about 800,000 followers on Instagram. By comparison, Macy's has 1.9 million followers, Target has 4.2 million followers, and Inditex's Zara reaches a whopping 37.8 million ...

J.C. Penney (OTC: JCPN.Q) has struggled with weak sales and profitability for nearly a decade due to a failed makeover attempt and falling mall traffic. The COVID-19 pandemic was the last straw ...

J.C. Penney became the latest national retailer to seek Chapter 11 bankruptcy protection. The department store chain was struggling even before the coronavirus pandemic. (Mike Blake/Reuters) ...

J.C. Penney plans to close 15 additional full-line stores and nine home-and-furniture locations as the retailer struggles to get its footing amid significant challenges for department stores.