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JCPenney, SPARC Group Unite To Create Catalyst Brands
JCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in ...
Catalyst Brands: J.C. Penney merges with struggling clothing brands to form new company
J.C. Penney, the 123-year-old department store chain, is merging with SPARC Group, a company that owns several struggling clothing brands, including Aeropostale, Brooks Brothers, and Forever 21. This ...
JCPenney merges with Forever 21's parent company Sparc Group to create new entity
Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company called Catalyst Brands.