The new company is looking to get stronger with scale as it leverages complementary strengths that cover key retail areas, ...
JCPenney announced a major comeback. The department store is being acquired by a company that owns other former mall ...
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.