HomeInsider Baton Rouge JCPenney is among 119 stores being sold in $947M deal By Jordan Arceneaux - July 31, 2025 Closeup of woman holding shopping bags on the street with copy space FacebookTwitterLinkedinEmailPrint Roughly five years after JCPenney filed for bankruptcy, a Boston private equity firm has agreed to buy 119 JCPenney stores, including Baton Rouge’s Mall of Louisiana location, for $947 million. … Already an INSIDER? Sign in.