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Kennewick JCPenney store to be sold, operations to continue as usual
SEATTLE — JCPenney is selling its Kennewick store as part of a nationwide sell-off involving 119 stores. The retailer announced the $947 million transaction last week, stating that the Boston-based private equity firm, Onyx Partners, Ltd., will purchase the properties. The move comes five years after JCPenney filed for bankruptcy.
Taste of Country on MSN1d
119 JCPenney Locations Are Being Sold — What Does This Mean for the Historic Chain?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.
Albuquerque’s two JCPenney stores are among 119 across the country being sold to a commercial real estate firm based in ...
Currently, all 119 JCPenney stores that are being sold remain open. It's unclear what was planned for those locations in the ...
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