JCPenney May Not Be Doomed After All!


Next time you visit a JCPenney store, it won't just be in the mall, it could be owned by the mall.

The 118-year-old department store is expected to enter into a $1.75 billion sale agreement with commercial real estate companies Simon Property Group and Brookfield Property Partners.

JCPenney has been struggling for years and hasn't had a profitable year since 2010. Click here for more info!

Photo: Getty

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