Popular fashion retailer JCPenney has merged with SPARC Group — the owner of iconic brands Aéropostale, Eddie Bauer, Nautica and more — to form new retail conglomerate, Catalyst Brands.

From the Dallas Business Journal. Catalyst Brands, the newly formed parent company of JCPenney, is cutting 5% of its corporate workforce. The Plano-based company plans to let about 250 people go ...

Big changes are on the horizon for King of Prussia Mall as it moves closer to filling the long-vacant former JCPenney space, ...

The U.S.-based operator of Forever 21 was preparing to close at least 200 more locations as part of a bankruptcy process expected to kick off as soon as next month, Bloomberg News reported on ...

JCPenney’s new parent is cutting about 5% of its corporate workers. Plano’s Catalyst Brands is reducing its staff by about 250 out of the 5,000 it has, according to a spokesperson. It’s one ...

Mall owner Simon Property Group has explored several uses for the vacant building over the last eight years, which at one ...

BATAVIA — With the purchase of the former JC Penney location finished, Matt Gray and his business partner, Matthew Boyd, can find out more about the facility at 40 City Centre and what needs to ...

JCPenney will be joining Macy's and Kohl's in ... Other shareholders in the venture include shopping malls owner Simon Property Group; global investment firm Brookfield Corporation; brand ...

JCPenney is set to close several of its locations by mid-year. The retailer cited expiring lease agreements, market conditions and other business considerations behind its decision to shutter what ...