Black Friday used to be a one-day shop-a-palooza, focusing on a sales frenzy the day after Thanksgiving, maybe even starting on the night of the holiday before the turkey leftovers even cooled. If ...
Now, another anchor store is quietly closing locations. According to The Street, Dillard has closed or is shutting down several locations, including its store at The Shops at Willow Bend in Plano, ...
You can't blame declining foot traffic for pushing mall retailers to close stores. "After a relatively weak summer ...
Forbes contributors publish independent expert analyses and insights. I write about retail and the forces that are redefining shopping. A Nike display at JCPenney. Michelle Wlazlo, brand CEO of ...
The retailer has a new landlord but not a change in its operations at its two-story anchor store that serves Palm Beach ...
Five years after filing for bankruptcy, JCPenney is making another major move. The retailer is selling 119 stores across the country, though no closures have been announced. The sale highlights the ...
(NEXSTAR) — More than 100 JCPenney stores will soon have a new owner. Boston-based Onyx Partners, Ltd. has entered into a purchase and sale agreement with Copper Property CTL Pass Through Trust to buy ...
More than 100 JCPenney stores nationwide, including more than 20 in Texas, have been sold to a private equity firm for $947 million in cash. The deal is scheduled to close this fall. The deal, which ...
Onyx Partners Ltd. will purchase 119 JCPenney stores for $947 million. The sale includes net-lease stores, meaning JCPenney pays rent and operating expenses. The deal is expected to close on September ...
WASHINGTON — A Boston-based private equity firm is purchasing 119 JCPenney stores for nearly $1 billion, about five years after the retailer filed for bankruptcy. Onyx Partners, Ltd. will acquire the ...
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