JCPenney and Sparc Group Merge to Launch $9 Billion Catalyst Brands, Anchoring Operations in Plano, Texas
JCPenney merges with Sparc Group to form Catalyst Brands, combining six brands and boasting $9 billion in revenue.
JCPenney, Aéropostale owner merge to form Catalyst Brands
JCPenney, a department store chain owned by Simon Property Group (NYSE:SPG) and Brookfield Asset Management (NYSE:BAM), has merged with SPARC Group to form a new company called Catalyst Brands. The joint venture will house SPARC's brands Aéropostale,
JCPenney merging with Aeropostale, Nautica operator to form a new company based in Plano
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.
JCPenney merges with owner of Aéropostale
JCPenney has merged with the owner of several retail brands to create a brand new company. On Jan. 8, JCPenney merged with SPARC Group, the owner of the following companies: Through the merger, JCPenney and SPARC Group created Catalyst Brands.
JCPenney reveals mega-merger with parent co. of Brooks Brothers, Nautica
Michelle Wlazlo, formerly JCPenney’s chief merchandising and supply chain officer, will serve as that brand’s CEO. Natalie Levy will oversee Aeropostale, Lucky Brand and Nautica, and Ken Ohashi will continue to lead Brooks Brothers, in addition to Eddie Bauer.
JCPenney, Forever 21 owner launch new venture in Texas
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 Aéropostale,
A zombie mall store king is born: JCPenney merges with Forever 21 owner
JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks ...
Brooks Brothers, JCPenney, Forever 21 owner launch new venture in Texas
Retailers are banding together for a massive operation based out of Texas that will see JCPenney merge with the parent ...
JCPenney Combines With Aéropostale Owner in Merger of Mall Darlings
JCPenney is combining with the owner of fellow shopping mall staples Aéropostale and Lucky Brand after a merger of two brand ...
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 ...
Inside Look: Gallup’s first JCPenney location, popular local sports bar listed for $1.7M
Gallup’s first-ever JCPenney location that most recently acted as a popular sports bar hit the market on Dec. 10.
Lucky, Forever 21 operator merges with JCPenney
JCPenney filed for bankruptcy protection in 2020 and was acquired by Simon Property and Brookfield Asset Management for $800 ...
Council Bluffs Police investigate jewelry robbery at JCPenney
COUNCIL BLUFFS, Iowa (WOWT) - Police are investigating a smash-and-grab jewelry robbery at a department store in Council Bluffs.
JCPenney merges with parent of Seattle-based Eddie Bauer
Department store chain JCPenney has merged with Sparc Group LLC to create a new firm that includes Seattle-based Eddie Bauer ...