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On Tuesday, the department store announced that its current CEO, Marvin Ellison, is resigning to lead home-improvement retailer Lowe's as its CEO. Ellison joined JCPenney in 2014 and became CEO in ...

JCPenney is set to close several of its locations by mid-year. The retailer cited expiring lease agreements, market conditions and other business considerations behind its decision to shutter what ...

JCPenney is preparing to close multiple stores in eight different states. The company confirmed that stores will be shutting their doors this year in a statement shared with The Independent on ...