The owners of retail department store chain JC Penney have made an offer to acquire its rival Kohl’s, in a deal that could value the latter company at upwards of $8.6 billion. According to a report from The Post, under the proposal, shopping-mall giant Simon Property and Canada-based Brookfield Asset Management BAM.A, who both took … Continue reading “JCPenney Offers $8.6B to Acquire Department Store Chain Kohl’s”
Tag: jc penney
Featured
UBS Predicts Tens of Thousands of Stores Will Close in the U.S.
A new UBS report has revealed a disheartening projection of where U.S. stores are headed…
April 5, 2021
Company News
This is How Jc Penney Could Be Rescued From Bankruptcy
U.S. mall owners Simon and Brookfield could be saving JC Penney from bankruptcy in an…
September 11, 2020
Coronavirus Causes JC Penney to File for Bankruptcy
Department store retail chain JC Penney has long been struggling and was hoping for a…
May 15, 2020
J.C. Penney Could be Delisted from the NYSE
Struggling retailer J.C. Penney is facing a delisting from the New York Stock Exchange. The…
August 9, 2019
Hot Stocks
J.C. Penney Has a New Chief Financial Officer and It’s This Guy
Struggling retailer J.C. Penney has named a new CFO and executive vice president this week.…
March 27, 2019
Hot Stocks
JC Penney Says It Will Stop Selling This At The End of The Month
Retailer JC Penney has announced in a blog post that it will stop selling appliances…
February 6, 2019
Soon 138 J.C. Penney Stores Will Be Closing And Yours Might Be On The List
It was just weeks ago that J.C. Penney made an announcement that it would be…
March 17, 2017
J.C. Penney Shoppers Are Going To Hate This News
Those who love shopping at J.C. Penney may be very disappointed to learn that the…
February 24, 2017