The sale is expected to garner more than $1 billion ... The article Buckland Hills Store Part Of Larger J.C. Penney Sell-Off: Report appeared first on Manchester Patch.
The Wall Street Journal's Peter Grant reports that J.C. Penney has once again become a real estate trailblazer. With the sale of its headquarters, Penney is sparking the redevelopment of the suburban ...
The new entity features other labels owned by Authentic Brands Group and run by Sparc Group. Investors include Shein and mall ...
JCPenney merges with Sparc Group to form Catalyst Brands, combining six brands and boasting $9 billion in revenue.
J.C. Penney’s Q3 net sales fell 8% to $1.4 billion, according to financial filings Monday. With credit card income up nearly 33%, total revenue fell 6.2% to $1.5 billion. Gross margin was ...
JCPenney plans to close three stores in the greater Phoenix market and make the locations part of a multi-state portfolio sale. In January, Newmark plans to market a retail portfolio of 120 ...
Mall REITs Simon and Brookfield acquired J.C. Penney about four years ago, and Authentic later also took a stake. Marc Rosen, formerly J.C. Penney’s CEO, is now CEO of Catalyst Brands ...