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.

Change is in the air for a retail giant, as a major sale breathes new life into JCPenney’s storied legacy. Continue ...

The deafening roar of hundreds of sewing machines has gone silent. Spools of thread in every color are covered in dust. The warehouse is dark and empty.

Walking through the main entrance of the store at lunchtime this past week, clothing on sale racks was neatly displayed, but ...