The closing of the Crystal Mall location would leave the FYE in the Trumbull Mall as the chain's only store remaining in the ...

Kiezi, who has owned Oakland Mall since 2022, said he purchased the Macy’s building and the surrounding 29 acres in April ...

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 ...

Sparc Group, which is also over the brands Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, and Nautica, announced the merger on Thursday with JCPenney and the department store chain's ...

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 ...

JCPenney has merged with Sparc Group, the owner of brands including Aéropostale and Brooks Brothers, to form a new apparel powerhouse called Catalyst Brands. The department store chain said ...

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 ...