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.

Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company called Catalyst Brands.

and shares joint ventures with organizations like Simon Property Group which owns Forever 21. According to the press release, the merger creates “an unmatched portfolio of six iconic retail ...

JCPenney filed for bankruptcy protection in 2020 and was acquired by Simon Property and Brookfield Asset Management for $800 million.

Retailers are banding together for a massive operation based out of Texas that will see JCPenney merge with the parent company of Forever 21. Known as Catalyst Brands, the new company includes Aéropostale,

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 Group have combined to form Catalyst

JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks Brothers, to form a new company that will hold significant sway over the future of America’s malls.

Specifically, the merger involves Sparc Group’s Aeropostale, Brooks Brothers ... exploring strategic options for the operations of Forever 21.” Pullig, the Baylor marketing professor, said ...

JCPenney announced Thursday the company merged with SPARC Group, to form a larger retail organization called Catalyst Brands.