About 5,000 employees will lose their jobs as a result of the closures. We visited a JCPenney in New York City to see why the company is struggling. When asked for comment JCPenney spokesperson ...

A week later, we drove an hour to the nearest JCPenney in Brooklyn, New York. It was my first time in a JCPenney in decades. The photographer was very familiar with the awkward trend and ...

At least eight people were injured while using espresso machines that forcefully ejected the brew cup handle, shattering the glass carafe and causing burns and lacerations.

Here are four major companies that announced store closings in February. Forever 21 has set plans to close 200 stores as the ...

Conway Gittens: I’m Conway Gittens reporting from New York City ... a piece of a U.S. consumer that’s showing signs of life.

Catalyst Brands was created in January through the combination of JCPenney and New York-based Sparc Group LLC. The deal created a retail powerhouse overseeing brands from Aéropostale to Nautica ...

As part of the tie-up, Marc Rosen, who led JCPenney, became the CEO of Catalyst Brands. The new company is headquartered at the current corporate location in North Texas with offices in New York ...

For the latter, Sephora's 1998 arrival in New York was a godsend. With more than a dozen locations citywide, the beauty emporium and its signature black-and-white scheme are now a familiar sight ...

JCPenney’s new parent is cutting about 5% of its corporate workers. Plano’s Catalyst Brands is reducing its staff by about 250 out of the 5,000 it has, according to a spokesperson. It’s one ...

The company was only created recently when JCPenney merged with New York-based Sparc Group, which owned brands such as Aéropostale, Brooks Brothers and Nautica. Catalyst Brands, the newly formed ...