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

JCPenney (JCPNQ) , the once venerable department store chain, is teaming up with Sparc Group, which owns Forever 21 and ...

JCPenney's operations turned profitable in the third quarter, despite a dip in sales volume. In financial filings this week, Penney's cited progress cutting costs as well as building momentum from ...

Mobile coupons JCPenney launched mobile coupons earlier this year, letting customers opt in to receive weekly coupons sent ... integration with the point of sale,” he said.

JCPenney and SPARC Group have joined forces, combining to create a new organization known as Catalyst Brands. The news came ...

The department store chain said that the all-equity merger brings its banner and various exclusive private brands under the same umbrella as Sparc’s portfolio, which includes Eddie Bauer, Lucky Brand ...

POSTSCRIPT: JC Penney will report 2023 sales and earnings in May 2024. In the third quarter of 2023 the company had an operating loss of $30 million compared to an operating loss of $17 million a ...

But given its ongoing sales declines, questions about its prospects remain. “While JCPenney has more time and breathing space because of its ownership structure, it is still important for ...