JCPenney’s new parent is cutting about 5% of its corporate workers. Plano’s Catalyst Brands is reducing its staff by about 250 out of the 5,000 it has, according to a spokesperson. It’s one ...

JCPenney announced last week that it plans to close more than 200 locations nationwide. The chain, which filed for bankruptcy protection in 2020 and was sold, recently announced a partnership with ...

In 2023, JCPenney agreed to close a third of its more than 800 stores across the U.S., according to FOX Business. Although the process has already begun, more store closures are planned for 2025.

It’s official. The former east Vancouver JCPenney building is set to become a 104,544-square-foot, mega adventure park. Flying Squirrel Sports confirmed Wednesday that the company is in fact ...

Retailer JCPenney will permanently close eight stores in eight states this year. According to Axios, the department store revealed it would be shuttering eight out of 650 stores in 2025.