The new entity features other labels owned by Authentic Brands Group and run by Sparc Group. Investors include Shein and mall REITs Simon and Brookfield.
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JCPenney, SPARC Group Unite To Create Catalyst BrandsJCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in ...
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123-Year-Old Department Store To Merge With Forever 21 OwnerJCPenney has merged with Sparc Group, the owner of several well-known brands, including Forever 21, to create a new company ...
The transaction was announced Jan. 8 with the new company launching with $9 billion in revenue, 1,800 stores and 60,000 ...
The company also said its net promoter scores saw year-on-year gains in Q3. But in all, this was a “pretty weak set of numbers” that puts J.C. Penney toward the bottom of the department store ...
Preston Jessee/Aric Crabb/Digital First Media/Bay Area News via Getty Images The move by J&J widens litigation the healthcare giant initiated in 2022 against a middleman, SaveOnSP LLC, and is a ...
But Rob Penney was up for the momentous challenge and despite a losing first year which sparked calls for his sacking he doesn’t believe his side was far off the pace. Mike Thorpe reports.
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