JCPenney’s fledgling parent company, Catalyst Brands, is undergoing the second round of layoffs of its corporate employees as part of an ongoing review of the newly formed business. Catalyst ...

Paul Hennessy/SOPA Images/LightRocket via Getty JCPenney is scaling back operations across the United States. The retailer will close down eight stores around the nation by mid-2025, according to ...

JCPenney will close hundreds of its locations in a planned retail slowdown in coming few weeks. The massive discount retailer, which recently announced that it will be closing numerous outlets in ...

Jack Royston is Newsweek's Chief Royal Correspondent based in London, U.K. He reports on the British royal family—including King Charles III, Prince William, Kate Middleton, Prince Harry and ...