About five years after JCPenney filed for bankruptcy, a Boston private equity firm will pay $947 million for 119 JCPenney stores, including 19 of the 62 stores in California.

Currently, all 119 JCPenney stores that are being sold remain open. It's unclear what was planned for those locations in the ...

JCPenney is unloading 119 store properties in a $947 million deal — but not because it’s shutting them down. See the full ...