Following JCPenney's 2020 bankruptcy, one Twin Cities store is set to hit the market as part of a large portfolio sale. JCPenney is selling off some of its real estate portfolio, and one Twin ...
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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 ...
As the holiday shopping season drew near, JCPenney saw some healthy trends in its operations and customer gains — even in the face of continuing challenges with sales. The Plano-based retailer ...
The 120 stores are long-term leased to JCPenney, and the portfolio’s first year net revenue from the existing leases is estimated to total $100 million, according to Newmark’s marketing. The ...
The parent company of fashion retailer Forever 21 has merged with JCPenney to form a brand new company called Catalyst Brands. Sparc Group, which is also over the brands Aéropostale, Brooks ...
3. Extra perks with Gold and Platinum status Gold and Platinum JCPenney cardholders get some additional benefits beyond what’s listed above. With Gold status, you get everything you would as a ...
Yet the momentum wasn’t enough to bolster net sales, which slipped 8% to $1.4 billion in the quarter ended Nov. 2 compared to the same period a year prior. That follows quarterly drops of 8.9% ...