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 ...
J.C. Penney's ambitious $947 million agreement to sell 119 stores to Onyx Partners has collapsed, thrusting these locations ...
JCPenney, the 121-year-old department store, is trying to revive its business by focusing on working families – who it sees as its core customers – as the current economy weighs on Americans’ wallets ...
(WJW) – JCPenney has announced plans to close even more stores nationwide as it continues to struggle with “rapidly changing market conditions.” According to FOX Business, a JCPenney company ...
More than 100 JCPenney stores, including the Owasso location, face an uncertain future after a sale deal falls through, worrying customers and employees.
In the latest sign of turbulent times at J.C. Penney, the department store chain said Michael Francis, the former Target Corp. executive brought in to help redefine the brand, is leaving the company.
Another round of layoffs is coming to Catalyst Brands LLC, the parent company of JCPenney. Catalyst Brands was formed 2025 after the merger of JCPenney and the once-bankrupt Spark Group. Brands under ...
New York (CNN) — JCPenney’s fledgling parent company, Catalyst Brands, is undergoing the second round of layoffs of its corporate employees as part of an ongoing review of the newly formed business.
Ron Johnson was brought in as JCPenney’s new CEO last year largely due to his experiences with two of the most phenomenal success stories in retail in recent history: Target and Apple Store. What does ...
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