The “C” in J.C. Penney stands for “Cash,” the middle name of founder James Cash Penney, but the department store is struggling to generate much in its post-bankruptcy years. As of Oct. 29, the company ...

When it was announced in July, the deal to private equity firm Onyx Partners faced questions from investors over the selling price.

J.C. Penney, a 118-year-old retailer which survived the Great Depression, filed for bankruptcy on Friday as U.S. retail sales tumbled at a record pace, crushed by restrictions meant to stall the ...

JC Penney recently announced that it has revamped its most popular private label brand, Arizona Jeans, just in time for the back-to-school season. One in three JC Penney customers buy the Arizona ...

The J.C. Penney Company on Thursday said it would invest more than $1 billion to improve areas like customer experience and operations, the latest turnaround bid by the embattled department store ...

The pandemic-battered retailer filed for Chapter 11 bankruptcy in May. After a court handed down an approval of its sale, pandemic-battered retailer J.C. Penney Co. is poised to emerge from bankruptcy ...

In Ernest Hemingway's novel, The Sun Also Rises, a character named Mike Campbell is asked how he went bankrupt. He offers the sobering and famous line, “Two ways. Gradually, then suddenly.” J.C.

The struggling retailer should expand its social media presence, launch an off-price banner, and explore new strategies with Sephora. On the bright side, J.C. Penney didn't change its previous ...