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Can you identify the retailers owned by Catalyst Brands?
https://www.independent.co.uk/life-style/jcpenney-stores-closing-2025-location-where-b2698157.htmlJCPenney is closing stores in eight states — see the full list of locations
The company confirmed that stores will be shutting their doors this year in a statement shared with The Independent on Wednesday. However, JCPenney said that the move is “unrelated to” the brand’s recent merger with the SPARC Group, which formed helped Catalyst Brands, an organization of six major retailers.
“While we do not have plans to significantly reduce our store count, we expect a handful of JCPenney stores to close by mid-year,” a spokesperson for JCPenney said.
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In January, JCPenney confirmed its merger with SPARC Group — which owns Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, and Nautica — to create Catalyst Brands. Marc Rosen, formerly the chief executive officer of JCPenney who became CEO of Catalyst Brands, said his “business brings together the rich heritage of six unique brands with modern energy and a new vision for success.”
“Together, we bring scale, expertise and broad appeal to customers across America,” Rosen said in a statement at the time. “For us, customers are at the heart of what we do. We have a shared belief that customers deserve fashion and style of great quality for any and every moment in life. We will leverage our resources and best-in-class industry talent to grow our brands further.”
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Can you identify the retailers owned by Catalyst Brands? (Original Post)
bucolic_frolic
Feb 14
OP
Exactly. But I thought others might like to know, because I had lost track of most of them.
bucolic_frolic
Feb 14
#2
marble falls
(64,225 posts)1. See your own paragraph #3 ...
"Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand, and Nautica — to create Catalyst Brands."
bucolic_frolic
(49,414 posts)2. Exactly. But I thought others might like to know, because I had lost track of most of them.
These collection of brands companies are often good investments. The detritus of the companies has been squeezed out, and the remaining core is the best of the lot. Then the new owner tweaks and makes better profits with better products. They have incentive, capital, and low debt to improve it.