JCPenney weathered a bankruptcy, store closings and a Silicon Valley CEO — all followed by revenue declines. Now, the ...
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But like many businesses, JCPenney was hit hard by changing shopping trends and, then, by the pandemic. It filed for bankruptcy protection in 2020 and vacated its enclave on Legacy Drive. Its new ...
JCPenney is bringing in Seattle-headquartered Eddie Bauer and a host of other brands to form a new company called Catalyst Brands. Global retail company Sparc Group and JCPenney announced ...
The new Catalyst Brands has over $9 billion in revenue, 1,800 store locations, 60,000 employees and $1 billion of liquidity.
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.
The collaboration brings a spunky take on fashion, with an emphasis on petites, to the family-oriented department store.
The 650-location department store chain has joined forces with the company behind names such as Eddie Bauer and Aéropostale ...