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 ...
A $950 million all-cash deal for 119 JCPenney stores collapsed just weeks before its December 2025 closing, thrusting the ...
Onyx Partners accused the seller, the Copper Property trust, of deliberately sabotaging the transaction so it could chase a ...
A missed deadline to close and a dispute over a $5 million deposit are putting the retail portfolio sale in jeopardy.
The proposed $947 million nationwide deal would have sold the 149,608-square-foot store in Freehold and 116 other JCPenney ...
A $950 million deal for 119 JCPenney store locations has been terminated. The stores will remain operational despite the failed transaction.
There’s new uncertainty surrounding the JCPenney anchor store at Freehold Raceway Mall after a major real estate deal fell ...
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