JCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in popularity across the U.S. The 123-year-old department store chain and SPARC ...

JCPenney merges with Sparc Group to form Catalyst Brands, combining six brands and boasting $9 billion in revenue.

Plano’s JCPenney and a retail company called Sparc Group announced a merger to form a new company in the market. The company, ...

The new Catalyst Brands has over $9 billion in revenue, 1,800 store locations, 60,000 employees and $1 billion of liquidity.

JCPenney and SPARC Group have joined forces, combining to create a new organization known as Catalyst Brands. The news came ...

Six retail stores – one of which still has a presence in the Chautauqua Mall – are merging to form a new organization. JCPenney and the SPARC Group are forming Catalyst Brands. Other SPARC Group ...

Both JCPenney locations in Albuquerque are among more than a hundred stores that are up for sale as a part of the retailer's ...

It's not clear yet what the future holds for our local JCPenney store, but something is happening that might put the company in a better retail position in terms of appealing to a broader market by ...

Payless ShoeSource was one of the top retailers of discount shoes. It had more than 3,500 stores in 40 different countries.

It remains to be seen if merchandise bearing the names of brands like Aeropostale, Eddie Bauer and Nautica, all now aligned with JCPenney, will make their way into JCPenney stores.

Retail Dive first reported the news based on its reporting at the National Retail Federation’s (NRF) Big Show conference on ...