Department store JCPenney merges with Sparc Group
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 recently served as the chief executive officer of JCPenney. It will be based in Plano, Texas, where JCPenney is headquartered.
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JCPenney is combining with the owner of fellow shopping mall staples Aéropostale and Lucky Brand after a merger of two brand ...
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Department store chain JCPenney announced that it has merged with SPARC Group, a full-service retail enterprise operating ...
Retailers are banding together for a massive operation based out of Texas that will see JCPenney merge with the parent ...
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