Boise’s JCPenney at Towne Square Mall is changing hands as part of a massive $947 million sale involving 119 stores nationwide. While department stores have been disappearing from Idaho malls lately, this deal doesn’t mean Boise’s JCPenney is closing—at least not for now. Instead, the store will start paying rent to new owners, a Boston-based private equity firm. It’s wild to think how many anchor stores at the mall are owned by outside companies! With so many changes, what do you think the future holds for big department stores in Boise? #Business #LocalBusiness #Boise