Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company ...
JCPenney, a department store chain owned by Simon Property Group (NYSE:SPG) and Brookfield Asset Management (NYSE:BAM), has ...
JCPenney filed for bankruptcy protection in 2020 and was acquired by Simon Property and Brookfield Asset Management for $800 ...
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 ...
The new Catalyst Brands has over $9 billion in revenue, 1,800 store locations, 60,000 employees and $1 billion of liquidity.
The department store chain is teaming up with the Sparc Group in an all-equity merger to form Catalyst Brands, the Wall ...
JCPenney has weathered a bankruptcy, store closings and a CEO straight out of Silicon Valley — all followed by continual ...
JCPenney filed for bankruptcy protection in 2020 and was bought by Simon Property and Brookfield Asset Management Inc., another shopping mall owner, for $800 million, according to Bloomberg.