Paul Hennessy/SOPA Images/LightRocket via Getty JCPenney is scaling back operations across the United States. The retailer will close down eight stores around the nation by mid-2025, according to ...

The man behind JCPenney's turnaround is out, and now investors are wondering what will happen next. On Tuesday, the department store announced that its current CEO, Marvin Ellison, is resigning to ...

JCPenney will close hundreds of its locations in a planned retail slowdown in coming few weeks. The massive discount retailer, which recently announced that it will be closing numerous outlets in ...