JCPenney announced a major comeback. The department store is being acquired by a company that owns other former mall ...
The sale is expected to garner more than $1 billion ... The article Buckland Hills Store Part Of Larger J.C. Penney Sell-Off: Report appeared first on Manchester Patch.
The Wall Street Journal's Peter Grant reports that J.C. Penney has once again become a real estate trailblazer. With the sale of its headquarters, Penney is sparking the redevelopment of the suburban ...
J.C. Penney’s Q3 net sales fell 8% to $1.4 billion, according to financial filings Monday. With credit card income up nearly 33%, total revenue fell 6.2% to $1.5 billion. Gross margin was ...
The new entity features other labels owned by Authentic Brands Group and run by Sparc Group. Investors include Shein and mall ...
Plano’s JCPenney and a retail company called Sparc Group announced a merger to form a new company in the market. The company, ...
JCPenney merges with Sparc Group to form Catalyst Brands, combining six brands and boasting $9 billion in revenue.
Mall REITs Simon and Brookfield acquired J.C. Penney about four years ago, and Authentic later also took a stake. Marc Rosen, formerly J.C. Penney’s CEO, is now CEO of Catalyst Brands ...