JCPenney is starting the new year with a post-Chapter 11 restart, new owners, new financing and soon will have a new CEO. But the old...
U.S. mall owners Simon Property Group and Brookfield Property Partners are in talks to bail out the bankrupt JCPenney, CNBC reported. Get the Full Story...
The department store sector is in the middle of another tough week, as Nordstrom filed disappointing earnings on Tuesday (Aug. 25) and JCPenney investors look...
Amazon could fill the nation’s shuttered anchor stores as the pandemic contributes to the death of brick-and-mortar retailers. Get the Full Story Complete the form...
Sycamore Partners is reportedly seeking to buy JCPenney for $1.75 billion and intends to combine the iconic retailer with the Belk department store chain, the New York...
Almost 3,600 businesses filed for Chapter 11 bankruptcy in the first half of 2020, marking a rise of 26 percent, The Wall Street Journal reported....
If department stores survive this pandemic, July 1, 2020 will almost certainly mark the point where the format reached one of its darkest days. On...
Two of the largest mall owners in the United States are teaming up on a bid to buy one of their key anchor tenants, bankrupt...