The administrators for the JC Penney Corp. bankruptcy are asking a chief bankruptcy judge to hold a full evidentiary hearing on Jackson Walker's alleged failure to timely disclose a romantic ...

The Park at Legacy project will transform the 107-acre site into a vibrant mixed-use community featuring residential spaces, ...

Four years after JCPenney declared bankruptcy and moved out of the property during the pandemic, CCI hopes to transform the area into one of Plano’s prime developments. Andrew Lodeesen ...

American department store JC Penney has filed for bankruptcy becoming the latest company to be hit by Covid-19. The 118-year-old store sells clothing, cosmetics and jewellery at over 850 locations ...

Read more: We went to JCPenney to see why sales are sinking — and it revealed why giant mall-based department stores are dying Even before the company declared bankruptcy in 2018, Sears was hit ...

JCPenney later closed more than 240 stores, offered a variety of liquidation sales, and filed for bankruptcy in 2020. The department store chain has since had a major turnaround regarding debt ...

JCPenney is preparing to file for bankruptcy as early as next week, though no final decision has been made, Reuters reported Friday, citing people familiar with the matter. According to Reuters ...

JCPenney, which emerged from bankruptcy in late 2020 under new owners Brookfield Asset Management and Simon Property Group, currently operates 650-plus stores across the U.S. and Puerto Rico.

JC Penney had about 850 sites and employed more than 80,000 people when it declared bankruptcy in May. The plan marks the landlords' latest efforts to fend off retail's struggles. Last month ...

JCPenney is set to be acquired by a joint venture between mall owners Simon Property Group and Brookfield Property Partners, lawyers for the department store said in bankruptcy court Wednesday ...

But analysts say the retailer’s costly shifting strategies have failed to attract the modern middle-class customer, leading the company to declare bankruptcy. PHOTO: RICHARD B. LEVINE/LEVINE ...