Department store JCPenney merges with Sparc Group
The department store chain is teaming up with the Sparc Group in an all-equity merger to form Catalyst Brands, the Wall Street Journal reported. The company will be led by Marc Rosen, who most recently served as the chief executive officer of JCPenney. It will be based in Plano, Texas, where JCPenney is headquartered.
GlobalData on MSN13h
JCPenney, SPARC Group unite to establish Catalyst BrandsCatalyst Brands combines SPARC Group's Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, and Nautica with JCPenney and ...
The department store chain said that the all-equity merger brings its banner and various exclusive private brands under the ...
Department store chain JCPenney has merged with Sparc Group LLC to create a new firm that includes Seattle-based Eddie Bauer ...
Zoom in: Catalyst was formed via an all-equity transaction between the department store chain JCPenney and Sparc Group's ...
JCPenney filed for bankruptcy protection in 2020 and was acquired by Simon Property and Brookfield Asset Management for $800 ...
JCPenney, a department store chain owned by Simon Property Group (NYSE:SPG) and Brookfield Asset Management (NYSE:BAM), has ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback