WASHINGTON — A Boston-based private equity firm is purchasing 119 JCPenney stores for nearly $1 billion, about five years after the retailer filed for bankruptcy. Onyx Partners, Ltd. will acquire the ...
WELLINGTON — JCPenney has sold its store at the Mall at Wellington Green, but the two-story anchor retailer is staying open. Onyx Partners bought that store, along with over 100 others across the U.S.