JCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in popularity across the U.S. The 123-year-old department store chain and SPARC ...

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 ...

The new company, which is exploring its strategic options for Forever 21, is being led by Marc Rosen and expects to grow the brands in its portfolio while producing cost savings.

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

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

The 650-location department store chain has joined forces with the company behind names such as Eddie Bauer and Aéropostale ...

The new Catalyst Brands has over $9 billion in revenue, 1,800 store locations, 60,000 employees and $1 billion of liquidity.

JCPenney and SPARC Group have joined forces, combining to create a new organization known as Catalyst Brands. The news came ...

Both JCPenney locations in Albuquerque are among more than a hundred stores that are up for sale as a part of the retailer's ...

The company has tapped Matt Maddox, former CEO of hotel and casino company Wynn Resorts, to lead the company’s global brand ...

It's not clear yet what the future holds for our local JCPenney store, but something is happening that might put the company in a better retail position in terms of appealing to a broader market by ...