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Sparc Group, which is also over the brands Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, and Nautica, announced the merger on Thursday with JCPenney and the department store chain's ...
Catalyst Brands LLC is a parent company formed in 2025 by the merger of SPARC Group and JCPenney. [1] [2] SPARC Group brands include Aéropostale, Brooks Brothers, Eddie Bauer, Forever 21, Lucky Brand Jeans, and Nautica. [3] [4] [5] JCPenney CEO Marc Rosen is leading Catalyst Brands. [6] [7
JCPenney is merging with a company that owns a ... The 123-year-old department store chain anchors the new company — a joint venture with Sparc Group, which also owns Lucky Brand, Eddie Bauer ...
That year, the company adopted the JCPenney style in advertising. [16] and its revenues reached $5 billion (equivalent to $37.6 billion in 2025) for the first time and catalog business made a profit for the first time. [17] JCPenney reached its peak number of stores in 1973, with 2,053 stores, 300 of which were full-line establishments. [17]
In 2020, Lucky Brand filed for bankruptcy and was acquired by SPARC Group, [2] which merged with JCPenney to form Catalyst Brands in 2025. [3] History. Previous logo.
The department store announced plans in February to close 130 to 140 locations in the coming months, or about 13 percent of stores.
The following is a list of the affected stores, including some local and regional stores that earlier had been absorbed into chains that became part of Federated, May, or Macy's. Abraham & Straus (Macy's in 1995) D. M. Read (Macy's in 1990) Bamberger's (Macy's in 1986) The Bon Marché (Macy's in 2005) C.C. Anderson's Golden Rule (The Bon ...
Among the many scores of problems that J.C. Penney Co. Inc. (NYSE: JCP) has is how deeply it should cut the prices of merchandise to bring buyers to its stores in the final three months of the year.