JCPenney announced a major comeback. The department store is being acquired by a company that owns other former mall ...

Zoom in: Catalyst was formed via an all-equity transaction between the department store chain JCPenney and Sparc Group's ...

Ron Johnson's 16-month tenure as CEO of JCPenney is among the worst in retail history. Sales declined 32 percent, customers left in droves, and the company burned through most of its cash.

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Head to your local JCPenney this weekend for their 3 million mystery coupon giveaway! Thru October 20th, JCPenney is giving ...