by Mike Duff | Feb 21, 2025 | Retail Articles
Hilco Real Estate, enlisted to sell 121 JCPenney properties, reported the stores will continue operating under the JCPenney retail banner after they are sold. The stores set to be sold have been operating under 20-year leases, with about 16-and-a-half years remaining....
by Mike Duff | Feb 17, 2025 | Retail Articles
JCPenney is conducting what a spokesperson called isolated store closures affecting eight locations from Maryland to California through the middle of 2025. The store closures don’t suggest the company intends to shutter additional stores as it continues on its...
by Mike Duff | Feb 10, 2025 | Retail Articles
Hilco Real Estate announced that it is supervising placement of 121 net-lease JCPenney properties on the market. The placement is supervised by Hilco JCP, an affiliate of Hilco Real Estate and manager of Copper Property CTL Pass Through Trust, established in the...
by Mike Duff | Feb 3, 2025 | Retail Articles
JCPenney is stepping further into the business-to-business realm with the launch of a tool that expands its support for businesses and nonprofits looking to purchase quality, durable products at bulk-order prices. A unique company website, jcpenneyb2b.com, provides...
by Mike Duff | Jan 9, 2025 | Featured News, Retail Articles
JCPenney and SPARC Group combined to form a new enterprise, Catalyst Brands, in a merger that brings together a range of legacy fashion and retail brands. The merger highlights a brand portfolio that includes SPARC’s Aéropostale, Brooks Brothers, Eddie Bauer, Lucky...
