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The deal also includes JCPenney locations in Bellingham, Southcenter near Seattle and Clackamas Town Center near Portland.
JCPenney is selling 119 stores for $975 million, marking a new chapter for the 123-year-old retailer while it continues its recovery since declaring bankruptcy in 2020.
Three JCPenney stores in New York have been bought by a Boston private equity firm as part of an almost $1 billion deal.
Currently, all 119 JCPenney stores that are being sold remain open. It's unclear what was planned for those locations in the ...
SEATTLE — JCPenney is selling its Kennewick store as part of a nationwide sell-off involving 119 stores. The retailer ...