Department store JCPenney merges with Sparc Group
The department store chain is teaming up with the Sparc Group in an all-equity merger to form Catalyst Brands, the Wall Street Journal reported. The company will be led by Marc Rosen, who most recently served as the chief executive officer of JCPenney. It will be based in Plano, Texas, where JCPenney is headquartered.
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JCPenney, SPARC Group unite to establish Catalyst BrandsCatalyst Brands combines SPARC Group's Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, and Nautica with JCPenney and ...
The joint venture brings together Sparc Group’s Aeropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica with ...
(CNN)– A few years after filing for bankruptcy, JCPenny is hoping to make lots of J.C. dollars. That’s why the 123-year-old department store chain is merging with “Sparc Group”, a company that owns ...
JC 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 ...
The new company, which is exploring its strategic options for Forever 21, is being led by Marc Rosen and expects to grow the ...
Department store chain JCPenney announced that it has merged with SPARC Group, a full-service retail enterprise operating ...
JCPenney and retail store operator Sparc are merging to form a U.S. retailing behemoth called Catalyst Brands. Why it matters ...
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