JCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in ...
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.
JCPenney has merged with Sparc Group, the owner of several well-known brands, including Forever 21, to create a new company ...