JCPenney, SPARC Group and Catalyst Brands
sgbonline · 1h
EXEC: JCPenney Merges with Sparc Group to Form Catalyst Brands
Catalyst Brands has its headquarters within JCPenney’s corporate headquarters in Plano, TX. It also has offices in New York, Los Angeles, and Seattle. JCPenney has 50,000 employees, with over 650 stores in the U.S. and Puerto Rico. In 2022, the retailer celebrated its 120th Anniversary.
Axios · 23h
JCPenney and store operator merge to create apparel behemoth Catalyst
Zoom in: Catalyst was formed via an all-equity transaction between the department store chain JCPenney and Sparc Group's shareholders Simon Property Group, Brookfield Corporation, Authentic Brands Group and Shein. JCPenney CEO Marc Rosen will lead the new Plano, Texas-based entity.
Dallas Innovates · 15h
North Texas’ JCPenney Merges with SPARC Group to Form a ‘Powerhouse’ New Company Called Catalyst Brands
The combination of JCPenney with entities including the parent of brands Aéropostale, Brooks Brothers, and Eddie Bauer will be based in Plano and have $9 billion in revenue, 1,800 stores, and 60,000 employees.
The Spokesman-Review · 17h
JCPenney merging with Aeropostale, Nautica operator to form new company
JCPenney is merging with a retail company with household names to form a new one based in Plano, Texas. The longtime local retailer and Sparc Group announced they have combined to form Catalyst Brands and will cover several brands: Aéropostale,
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