Headlines

Sycamore Partners Eyes JCPenney

Several anonymous sources reportedly provided the information to Reuters

Published

4 years ago

June 8, 2020

VMSD Staff

Sycamore Partners (New York) is reportedly considering the acquisition of JCPenney (Plano, Texas), according to Retail Dive as well as several anonymous sources according to Reuters.

The firm is thought to be in preliminary talks with JCPenney in case the department store isn’t able to reach a reorganization deal with its lenders.

Sycamore Partners owns several retailers including Talbots and Belk.

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