JCPenney, a department store chain owned by Simon Property Group (NYSE:SPG) and Brookfield Asset Management (NYSE:BAM), has ...
JCPenney is set to close one of its last remaining Bay Area stores at the Shops at Tanforan in San Bruno. The retailer confirmed Thursday that the location will permanently close on May 25. “The ...
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.
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 ...