JCPenney boasted about having “one of the lowest debt leverage ratios in the retail industry,” according to a filing by Penney Intermediate Holdings LLC (PIH) reporting the 667-store chain’s ...

Closing dates are approaching for seven JCPenney stores that were put on the chopping block earlier this year, while an eighth location that was set to close will now stay open through at least August ...

JCPenney plans to close nearly 200 stores this year and an additional 50 stores next year as it seeks to use bankruptcy to turn around its business. The iconic retailer has yet to identify which of ...

JCPenney had quite an unexpected Q3: its comparable store sales increased 1.7% — more than double the company’s own 0.6% to 0.8% growth forecast. However, the department store still has a long way to ...

(CNN) -- JCPenney plans to close nearly 200 stores this year and an additional 50 stores next year as it seeks to use bankruptcy to turn around its business. The iconic retailer has yet to identify ...