Mall REITs Simon and Brookfield acquired J.C. Penney about four years ago, and Authentic later also took a stake. Marc Rosen, formerly J.C. Penney’s CEO, is now CEO of Catalyst Brands ...
J.C. Penney wants to redefine its brand image by hiring Mischief, a rising star in the agency sector that has established a reputation for in-your-face marketing. The appointment signals that the ...
The Wall Street Journal's Peter Grant reports that J.C. Penney has once again become a real estate trailblazer. With the sale of its headquarters, Penney is sparking the redevelopment of the ...
The J.C. Penney Corp. Inc.-Bond has a maturity date of 7/1/2023 and offers a coupon of 5.8750%. The payment of the coupon will take place 2.0 times per biannual on the 01.01.. The J.C. Penney Corp.
But like many businesses, JCPenney was hit hard by changing shopping trends and, then, by the pandemic. It filed for bankruptcy protection in 2020 and vacated its enclave on Legacy Drive. Its new ...
The demolition of the Shenango Valley Mall reached the former JC Penney this week, as crews began clearing out what remains of the two-story department store.