Thread regarding JCPenney layoffs

2025 store real estate sale

So come January 2025 the real estate of 120 stores goes on the market by Newmark as part of the bankruptcy terms. How does this work since Simon and Brookfield own the operation side of JCP. Do the investor/buyer just purchase the real estate and the stores remain open or could they close?

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| 651 views | | 1 reply (February 20, 2025) | Reply
Post ID: @OP+1jgh4etx5

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Massive layoffs yesterday. Beauty field managers, District managers, Educators.

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