It remains to be seen if merchandise bearing the names of brands like Aeropostale, Eddie Bauer and Nautica, all now aligned with JCPenney, will make their way into JCPenney stores.

(Gray News) - JCPenney announced Thursday the company merged with SPARC Group, to form a larger retail organization called Catalyst Brands. SPARC Group is the parent company of several brands such ...

The new Catalyst Brands has over $9 billion in revenue, 1,800 store locations, 60,000 employees and $1 billion of liquidity. The combined organization is a joint venture formed in an all-equity transaction between JCPenney and Sparc, with shareholders Simon Property Group, Brookfield Corporation, Authentic Brands Group and Shein.

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.

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.

JCPenney merges with Sparc Group to form Catalyst Brands, combining six brands and boasting $9 billion in revenue.

Plano’s JCPenney and a retail company called Sparc Group announced a merger to form a new company in the market. The company, called Catalyst Brands,

The longtime local retailer and Sparc Group announced they have combined to form Catalyst Brands and will cover several brands: Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica with JCPenney and its exclusive private brands, including Stafford, Arizona and Liz Claiborne.