Retail Dive2d
J.C. Penney, Brooks Brothers operator join forces as ‘Catalyst Brands’
The new entity features other labels owned by Authentic Brands Group and run by Sparc Group. Investors include Shein and mall ...
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 ...
JCPenney gets another shot at redemption
JCPenney (JCPNQ) , the once venerable department store chain, is teaming up with Sparc Group, which owns Forever 21 and ...
Marketing Dive5d
JCPenney hires agency Mischief, seeking bigger creative swings
Disruptor shop Mischief is tasked with developing a new creative platform and delivering bold marketing for the department ...
ABC Columbia1d
JCPenny merging with Forever 21
(CNN)– A few years after filing for bankruptcy, JCPenny is hoping to make lots of J.C. dollars. That’s why the 123-year-old department store chain is merging with “Sparc Group”, a company that owns ...
Retail Dive24d
J.C. Penney loss narrows in Q3 as sales declines continue
J.C. Penney’s Q3 net sales fell 8% to $1.4 billion, according to financial filings Monday. With credit card income up nearly 33%, total revenue fell 6.2% to $1.5 billion. Gross margin was ...
Brooks Brothers, JCPenney, Forever 21 owner launch new venture in Texas
Known as Catalyst Brands, the new company includes Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, Nautica and ...
J.C. Penney Blazes a Trail in Real Estate, Again
The Wall Street Journal's Peter Grant reports that J.C. Penney has once again become a real estate trailblazer. With the sale of its headquarters, Penney is sparking the redevelopment of the suburban ...