The new Catalyst Brands has over $9 billion in revenue, 1,800 store locations, 60,000 employees and $1 billion of liquidity. The combined organization is a joint venture formed in an all-equity transaction between JCPenney and Sparc, with shareholders Simon Property Group, Brookfield Corporation, Authentic Brands Group and Shein.

Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company called Catalyst Brands.

JCPenney has merged with another company to create a retail powerhouse based in Dallas-Fort Worth. The North Texas chain and Sparc Group LLC announced Jan. 8 they had combined to form Catalyst Brands,

Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica — plus J.C. Penney private labels and exclusives like Stafford, Arizona and Liz Claiborne. Catalyst has sold Reebok’s U.S. operations and is exploring strategic options for Forever 21’s operations ...

Retailers are banding together for a massive operation based out of Texas that will see JCPenney merge with the parent company of Forever 21. Known as Catalyst Brands, the new company includes Aéropostale,

Michelle Wlazlo, formerly JCPenney’s chief merchandising and supply chain officer, will serve as that brand’s CEO. Natalie Levy will oversee Aeropostale, Lucky Brand and Nautica, and Ken Ohashi will continue to lead Brooks Brothers, in addition to Eddie Bauer.

JCPenney and SPARC Group announced their merger to form Catalyst Brands, combining six major retail brands under one portfolio.

JCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in popularity across the U.S.The 123-year-old department store chain and SPARC Group have combined to form Catalyst

The combination of JCPenney with entities including the parent of brands Aéropostale, Brooks Brothers, Eddie Bauer, and more will be based in Plano and have $9 billion in revenue, 1,800 stores, and 60,

Sparc Group, which is also over the brands Aéropostale, Brooks Brothers ... including Stafford, Arizona, and Liz Claiborne. “Catalyst Brands brings together the rich heritage of six unique ...