JCPenney announced Thursday the company merged with SPARC Group, to form a larger retail organization called Catalyst Brands.
Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company called Catalyst Brands.
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JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks ...