Plano’s JCPenney and a retail company called Sparc Group announced a merger to form a new company in the market. The company, ...
JCPenney is combining with the owner of fellow shopping mall staples Aéropostale and Lucky Brand after a merger of two brand ...
JCPenney announced a major comeback. The department store is being acquired by a company that owns other former mall ...
NEW YORK CITY (CNN/CNN Newsource/WKRC) - JC Penney has merged with struggling clothing brands to form a new company. JC Penney, the 123-year-old department store chain, is merging with SPARC Group ...
Mall REITs Simon and Brookfield acquired J.C. Penney about four years ago, and Authentic later also took a stake. Marc Rosen, formerly J.C. Penney’s CEO, is now CEO of Catalyst Brands ...
The new Catalyst Brands has over $9 billion in revenue, 1,800 store locations, 60,000 employees and $1 billion of liquidity.
The Wall Street Journal's Peter Grant reports that J.C. Penney has once again become a real estate trailblazer. With the sale of its headquarters, Penney is sparking the redevelopment of the suburban ...
JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks Brothers, to form a new company that will hold significant sway over ...
JCPenney is joining forces with a large conglomerate to form an even bigger powerhouse in the retail space. The department store chain is teaming up with the Sparc Group in an all-equity merger to ...
A federal court concluded a reasonable juror could find JCPenny liable for negligence after the plaintiff slipped and fell on ...
The self-funded refresh has yet to deliver the desired results. The J.C. Penney Company, which uses the brand name JCPenney in marketing and advertising materials, saw revenues drop 9.2% year over ...
JCPenney and SPARC Group announced their merger to form Catalyst Brands, combining six major retail brands under one ...