JCPenney has merged with another company to create a retail powerhouse based in Dallas-Fort Worth. The North Texas chain and ...
Known as Catalyst Brands, the new company includes Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, Nautica and ...
The new company is looking to get stronger with scale as it leverages complementary strengths that cover key retail areas, ...
Sparc was formed in 2016 by Simon, Brookfield and Authentic Brands Group, and fast fashion retailer Shein was brought in as a ...
The new Catalyst Brands has over $9 billion in revenue, 1,800 store locations, 60,000 employees and $1 billion of liquidity.
It remains to be seen if merchandise bearing the names of brands like Aeropostale, Eddie Bauer and Nautica, all now aligned with JCPenney, will make their way into JCPenney stores.
Just yesterday, Sparc Group announced that it would acquire JCPenney and merge the store with its other brands, including ...
Six retail stores – one of which still has a presence in the Chautauqua Mall – are merging to form a new organization. JCPenney and the SPARC Group are forming Catalyst Brands. Other SPARC Group ...
Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company ...
JCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in ...
JCPenney merges with Sparc Group to form Catalyst Brands, combining six brands and boasting $9 billion in revenue.
It's not clear yet what the future holds for our local JCPenney store, but something is happening that might put the company in a better retail position in terms of appealing to a broader market by ...