JCPenney merges with Sparc Group to form Catalyst Brands, combining six brands and boasting $9 billion in revenue.
The new Catalyst Brands has over $9 billion in revenue, 1,800 store locations, 60,000 employees and $1 billion of liquidity.
JCPenney, a department store chain owned by Simon Property Group (NYSE:SPG) and Brookfield Asset Management (NYSE:BAM), has ...
Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company ...
Zoom in: Catalyst was formed via an all-equity transaction between the department store chain JCPenney and Sparc Group's ...
JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks ...
The joint venture brings together Sparc Group’s Aeropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica with ...
Known as Catalyst Brands, the new company includes Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, Nautica and ...
JCPenney and SPARC Group today announced that they have combined to form a new organization, Catalyst Brands, creating an ...
JCPenney has merged with the owner of several retail brands to create a brand new company. On Jan. 8, JCPenney merged with ...
The department store chain said that the all-equity merger brings its banner and various exclusive private brands under the ...
JCPenney has merged with another company to create a retail powerhouse based in Dallas-Fort Worth. The North Texas chain and Sparc Group LLC announced Jan. 8 they had combined to form Catalyst ...