Onyx Partners will pay $947 million for 119 JCPenney stores, including 21 in Texas, 19 in California and two in Puerto Rico.

JCPenney locations in three Connecticut malls are part of a portfolio of stores being sold to a Massachusetts-based company.

Onyx Partners of Boston purchased the retail portfolio roughly five years after the national retailer filed for bankruptcy.

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The JCPenney at SouthPark Mall in Strongsville is among 119 of the chain's stores nationwide that will have a new owner once a transaction closes on or before Sept. 8.

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Haley says a going-away sale has begun, and will continue until the shop closes in a few days. The Ocean Springs store at 904 ...

Onyx Partners of Boston has entered into a binding purchase and sale agreement to acquire 119 JCPenney stores from Copper ...

Sears is not the only retailer in danger of closing for good after years of declining customers and sales. The chain had been ...

CBL Properties on Tuesday announced that it has acquired four dominant enclosed regional malls for $178.9 million from Washington Prime Group. The malls include Ashland Town Center in Ashland, KY, ...

A petition gaining traction in Wichita Falls calls for a public vote on plans to redevelop Sikes Senter Mall, as small ...

Following Friday's shooting at the Holyoke Mall, a juvenile is in custody and recovering from a gunshot wound.