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'It’s strong, smooth, and leaves a mark, just like I aim to do in everything I take on' Shaq said. NBA Hall of Famer Shaquille O’Neal is releasing his own self-named fragrance, Shaquille O’Neal at ...

Forbes contributors publish independent expert analyses and insights. I write about retail and the forces that are redefining shopping. A Nike display at JCPenney. Michelle Wlazlo, brand CEO of ...

Roughly five years after retail chain JCPenney filed for bankruptcy, a $947 million all-cash sale was made for 119 stores. The sale to an affiliate of Onyx Partners Ltd. was announced by Copper ...

Five years after filing for bankruptcy, JCPenney is making another major move. The retailer is selling 119 stores across the country, though no closures have been announced. The sale highlights the ...

A deal to sell JCPenney stores in the Chicago area and in dozens of other states includes two of the chain’s best performers, in Mokena and Orland Park, according to companies involved in the ...

SEATTLE — Three JCPenney locations are being sold in Washington state as part of a nearly $1 billion, 119-store nationwide sell-off. JCPenney announced last week that a Boston-based private equity ...

JCPenney is selling off 119 stores nationwide in a nearly $1 billion deal. The all-cash sale, which amounted to $947 million, was to Boston-based private equity firm affiliated with Onyx Partners, Ltd ...

More than 100 JCPenney stores nationwide, including more than 20 in Texas, have been sold to a private equity firm for $947 million in cash. The deal is scheduled to close this fall. The deal, which ...

JCPenney is selling 119 stores across the U.S., including the store at the Boise Towne Square mall, in a $947 million cash sale to a private equity firm. What does that mean for the future of the ...

An affiliate of Onyx Partners is buying 119 JCPenney stores for $947 million, with the deal expected to close on September 8. All affected stores are currently open, but it's unclear whether they will ...

A Boston private equity firm, Onyx Partners, Ltd., is purchasing 119 JCPenney stores for $947 million. The sale involves net-lease stores, meaning Onyx Partners will be responsible for rent and ...