Plano’s JCPenney and a retail company called Sparc Group announced a merger to form a new company in the market. The company, ...

The new Catalyst Brands has over $9 billion in revenue, 1,800 store locations, 60,000 employees and $1 billion of liquidity.

Plano-based JCPenney and SPARC Group have joined forces to establish a new entity, Catalyst Brands. The move brings together a portfolio of iconic American fashion brands. The newly minted Catalyst ...