JCPenney merges with Forever 21's parent company Sparc Group to create new entity
Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company called Catalyst Brands.
JCPenney merges with parent company of Forever 21, Aéropostale
JCPenney announced Thursday the company merged with SPARC Group, to form a larger retail organization called Catalyst Brands.
EXEC: JCPenney Merges with Sparc Group to Form Catalyst Brands
Catalyst Brands has its headquarters within JCPenney’s corporate headquarters in Plano, TX. It also has offices in New York, Los Angeles, and Seattle. JCPenney has 50,000 employees, with over 650 stores in the U.S. and Puerto Rico. In 2022, the retailer celebrated its 120th Anniversary.
JCPenney Combines With Aéropostale Owner in Merger of Mall Darlings
JCPenney is combining with the owner of fellow shopping mall staples Aéropostale and Lucky Brand after a merger of two brand portfolios in an all-equity transaction Wednesday.
Lucky, Eddie Bauer, Forever 21 Operator Merges With JCPenney
Sparc Group, the operator of fashion brands including Lucky, Eddie Bauer, Aeropostale, Forever 21 and Brooks Brothers, has merged with JCPenney to form a new company called Catalyst Brands, according to a release Wednesday afternoon.
Lucky, Forever 21 operator merges with JCPenney
JCPenney filed for bankruptcy protection in 2020 and was acquired by Simon Property and Brookfield Asset Management for $800 million.
JCPenney merges with owner of Aéropostale
JCPenney has merged with the owner of several retail brands to create a brand new company. On Jan. 8, JCPenney merged with SPARC Group, the owner of the following companies: Through the merger, JCPenney and SPARC Group created Catalyst Brands.
JCPenney and store operator merge to create apparel behemoth Catalyst
JCPenney and retail store operator Sparc are merging to form a U.S. retailing behemoth called Catalyst Brands. Why it matters: The new company's owners comprise a consortium of so
JCPenney merging with Aeropostale, Nautica operator to form new company
JCPenney is merging with a retail company with household names to form a new one based in Plano, Texas. The longtime local retailer and Sparc Group announced they have combined to form Catalyst Brands and will cover several brands: Aéropostale,
JCPenney merges with Sparc Group
TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and JCPenney gets yet another lifeline.
A zombie mall store king is born: JCPenney merges with Forever 21 owner
JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks ...
Hosted on MSN20h
123-Year-Old Department Store To Merge With Forever 21 Owner
JCPenney has merged with Sparc Group, the owner of several well-known brands, including Forever 21, to create a new company ...
Daily Voice Adams County PA on MSN21h
Mall Brand Merger: JCPenney Unites With Forever 21, Aeropostale, Brooks Brothers Operator
JCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in ...
JCPenney Joins SPARC to Form Catalyst Brands
The new company, which is exploring its strategic options for Forever 21, is being led by Marc Rosen and expects to grow the ...
Catalyst Brands: J.C. Penney merges with struggling clothing brands to form new company
J.C. Penney, the 123-year-old department store chain, is merging with SPARC Group, a company that owns several struggling clothing brands, including Aeropostale, Brooks Brothers, and Forever 21. This ...