The Latest Breaking News from JCPenney

MEG Energy is officially on the auction block, and the oil sands drama is heating up like a rig in August.

The $947 million JCPenney deal hints at bigger retail and real estate shifts.

Not long ago, department stores were the backbone of American shopping—one-stop destinations where you could grab clothes, furniture, cosmetics, and even a slice of pizza at the food court. But as online shopping exploded and foot traffic declined, many iconic chains struggled to stay relevant. Some attempted to pivot by…

Some brands feel like old friends. They’ve been around for decades, and for many seniors, they’re a part of daily life. But walk into a room of younger people, and you’ll see blank stares if you mention some of these names. Why does this happen? Brand loyalty often comes from…

Across the globe, big-name companies are quietly fighting for survival. Beneath the polished marketing campaigns and glossy annual reports, some of the most recognizable brands are battling declining profits, changing markets, and mounting debt.

Macy’s, Joann and CVS are among the major retailers announcing widespread store closures and job losses as the U.S. economy struggles

In the fast-moving world of business, not all giants stand the test of time. Some brands that once felt invincible are now quietly fading into irrelevance, trying to rebrand, pivot, or digitize their way out of decline. Consumers may still see the commercials, the storefronts, or the logos, but behind…

JCPenney will close seven US stores on 25 May as part of ongoing restructuring, following years of financial struggles and a merger forming Catalyst Brands.

Subway currently has 19,502 locations across the country