JCPenney is combining with the owner of fellow shopping mall staples Aéropostale and Lucky Brand after a merger of two brand ...
JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks ...
NEWINGTON — The JCPenney department store space at the Mall at Fox Run has been sold to Torrington Properties, capping its $66.1 million in purchases at the mall and major shopping centers in ...
JCPenney has agreed to merge with SPARC Group, which owns brands including Aéropostale, Brooks Brothers, and Lucky Brand. The combined company, Catalyst Brands, has a combined $9 billion in ...
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Mall Brand Merger: JCPenney Unites With Forever 21, Aeropostale, Brooks Brothers OperatorJCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in ...
JCPenney filed for bankruptcy protection in 2020 and was bought by Simon Property and Brookfield Asset Management Inc., another shopping mall owner, for $800 million, according to Bloomberg.
Catalyst represents a new chapter for JCPenney, the historic chain that filed for bankruptcy in the height of the pandemic in 2020. It was later bought by mall-owner Simon Property Group and real ...
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