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,
The collaboration brings a spunky take on fashion, with an emphasis on petites, to the family-oriented department store.
Sparc was formed in 2016 by Simon, Brookfield and Authentic Brands Group, and fast fashion retailer Shein was brought in as a minority owner in 2023.
Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company called Catalyst Brands.
The 650-location department store chain has joined forces with the company behind names such as Eddie Bauer and Aéropostale to create a company called Catalyst Brands.
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. The joint venture was ...
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 ...
Both JCPenney locations in Albuquerque are among more than a hundred stores that are up for sale as a part of the retailer's bankruptcy plan.
JCPenney merges with Sparc Group to form Catalyst Brands, combining six brands and boasting $9 billion in revenue.
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.
The JCPenney stores at the Coronado Center and Cottonwood Mall are included in a portfolio of 121 JCPenney stores that hit the market this month. Newmark is listing the portfolio on behalf of Copper Property CTL Pass Through Trust, according to its website.