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.

The merger unites six retail banners under one corporate umbrella. Catalyst Brands combines SPARC Group's Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, and Nautica with JCPenney and its ...

JCPenney’s parent company, Catalyst Brands, is slashing 9% of its corporate employees as part of an ongoing review of the newly formed business.

The parent of JCPenney is making deeper cuts with employees. Plano’s Catalyst Brands is reducing its corporate staff by about 9%, the company said. That comes on top of the ...

The deal creates a company with 1,800 locations. From the Dallas Business Journal. JCPenney has merged with another company to create a retail powerhouse based in Dallas-Fort Worth. The North ...

PLANO, Texas – Two key JCPenney executives are taking on larger roles now that the retailer has merged with SPARC Group to form a new organization called Catalyst Brands.. Former JCPenney CEO Marc ...

NEW YORK — JCPenney’s fledgling parent company, Catalyst Brands, is undergoing the second round of layoffs of its corporate employees as part of an ongoing review of the newly formed ...

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 ...

JCPenney’s parent company, Catalyst Brands, is slashing 9% of its corporate employees as part of an ongoing review of the newly formed business.