JCPenney is joining forces with a large conglomerate to form an even bigger powerhouse in the retail space. The department store chain is teaming up with the Sparc Group in an all-equity merger to ...
JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks Brothers, to form a new company that will hold significant sway over ...
The all-equity transaction to form Catalyst launches with $9 billion in revenue, 1,800 stores and 60,000 employees, according to a press release. JCPenney CEO Marc Rosen is leading the new company ...
The combined company has more than 1,800 stores, employs 60,000 people, has $9B of annual revenue and $1B of liquidity, according to the release. Michelle Wlazlo, JCPenney's chief merchandising ...
New York (CNN) — JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks Brothers, to form a new company that will hold ...
In 2018, Kohl's was hailed as a "winner of the retail apocalypse," boasting strong sales over its struggling counterparts like Sears and JCPenney ... I visited a Kohl's store ahead of the holidays ...
(Gray News) - JCPenney announced Thursday the company merged with SPARC Group, to form a larger retail organization called Catalyst Brands. SPARC Group is the parent company of several brands such as ...
NEW YORK (CNN) — JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks Brothers, to form a new company that will hold ...