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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
The 123-year-old department store chain anchors the new company — a joint venture with Sparc Group, which also owns Lucky Brand, Eddie Bauer, Nautica and Aeropostale.
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.
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Ron Johnson (born October 15, 1959) is the CEO and founder of Enjoy Technology. Previously, he was CEO of JCPenney, where he led a failed effort to fundamentally reshape the retailer; senior vice president of retail operations at Apple Inc., where he developed the concept of the Apple Retail Stores and the Genius Bar; and the vice president of merchandising for Target Corporation, where he was ...
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.