The owner of Dulles Town Center has scooped up the standalone J.C. Penney building at Fair Oaks Mall in Fairfax for about $8 ...

In the late Eighties, long before retailers began assessing the real value of their real estate, J.C. Penney cashed in — and it was the beginning of the end for the department store. “In the Sixties, ...

In an era when the department store model is under siege, two major examples of it in the U.S. — Macy’s and J.C. Penney — are pursuing very different brick-and-mortar strategies. Their differences are ...

In coming months, J.C. Penney will shutter four stores across as many states, the department store said by email. Closing some time before Sept. 22 will be the anchors at the Shoppes at Bel Air in ...

J.C. Penney has announced it will be spending more than $1 billion in the next few years to try to revive the more than 120-year-old department store chain. The company emerged from Chapter 11 ...

J.C. Penney, one of America's most recognizable clothing stores, filed for Chapter 11 bankruptcy late Friday. In doing so, the 118-year-old store became the latest major retailer to succumb to a sales ...

J.C. Penney will permanently close nearly 30% of its 846 stores as part of a restructuring plan under bankruptcy protection. The Texas-based retailer said Monday it plans to close about 192 stores by ...