
Macy's rival sells 119 stores
By EMMA SALETTA Published: 00:35 EDT, 31 July 2025 | Updated: 00:44 EDT, 31 July 2025 JCPenney, the 123-year-old department store chain, is selling 119 stores to a private equity firm. Profits from the $947 million sale to Onyx, set to close on September …