Deal to sell 120 J.C. Penney stores for $950M falls through
Yahoo Finance·2025-12-23 10:47

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. A deal to sell a portfolio of more than 100 J.C. Penney stores to a private equity firm is off, according to a regulatory filing from the trust tasked with selling the property. The firm, Onyx Partners, and Copper Property CTL Pass Through Trust, established during Penney’s 2020 bankruptcy, in July announced that Onyx would acquire 119 stores for $947 million.The cl ...