JCPenney is trimming its store lineup with three sites set to shutter. The Plano-based retail chain plans to close stores in Maryland, Kansas and West Virginia in the coming months, according to a ...

JCPenney is joining forces with a large conglomerate to form an even bigger powerhouse in the retail space. The department store chain is teaming up with the Sparc Group in an all-equity merger to ...

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 ...

JCPenney, a department store chain owned by Simon Property Group (NYSE:SPG) and Brookfield Asset Management (NYSE:BAM), has merged with SPARC Group to form a new company called Catalyst Brands.

JCPenney is set to merge with another company and create a retail powerhouse based in Dallas-Fort Worth. Learn more about the financial details and the executive moves tied to the effort in this ...

The all-equity transaction to form Catalyst launches with $9 billion in revenue, 1,800 stores and 60,000 employees, according to a press release. JCPenney CEO Marc Rosen is leading the new company ...

JCPenney has merged with Sparc Group, the owner of brands including Aéropostale and Brooks Brothers, to form a new apparel powerhouse called Catalyst Brands. The department store chain said ...