Financially troubled JCPenney, with a presence in Waco’s Richland Mall since it opened in 1980, may have secured a new lease on life by merging with the parent company of Forever 21, Eddie Bauer ...

JCPenney, founded in 1904 with more than 650 stores in the U.S. and Puerto Rico, filed for bankruptcy protection at the height of the pandemic in 2020. It was bought in a $1.75 billion deal.

DAYTON, Ohio (WDTN) — JCPenney has merged with the owner of several retail brands to create a brand new company. On Jan. 8, JCPenney merged with SPARC Group, the owner of the following companies ...

JCPenney is now under the same corporate umbrella as many of the brands that occupy spaces next to it in malls across the country. Simon Property Group and Brookfield Corp., two of the largest ...

(Gray News) - JCPenney announced Thursday the company merged with SPARC Group, to form a larger retail organization called Catalyst Brands. SPARC Group is the parent company of several brands such ...