“While they were well positioned for omnichannel, it simply wasn't enough. Their assortment failed to excite the customer, their discounting model seemed ...

The company's new owners, Simon Property Group and Brookfield Asset Management, said Wednesday that they're looking for a new leader “who is focused on modern ...

JCPenney has filed for bankruptcy, another sign of the once-venerable brand's long decline. While coronavirus pressure played a part in JCPenney turning to ...