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Mall Brand Merger: JCPenney Unites With Forever 21, Aeropostale, Brooks Brothers Operator
JCPenney is merging with a company that owns several other retailers that have also struggled as malls have declined in popularity across the U.S.
The 123-year-old department store chain and SPARC Group have combined to form Catalyst Brands, the new company said in a news release on Wednesday, Jan. 8. SPARC Group is the operator of stores including Aéropostale, Brooks Brothers, Eddie Bauer, Forever 21, Lucky Brand, and Nautica.
Former JCPenney CEO Marc Rosen will become the CEO of Catalyst Brands, which boasts more than $9 billion of revenue and about 60,000 employees at …
NJ Native, PA College Lacrosse Star Billy DiMaio Killed In New Orleans Attack
Chestnut Hill College and Holmdel High School are mourning the loss of alumnus Billy DiMaio ’22, a standout lacrosse captain and respected community leader, who was among the victims killed in the New Orleans terror attack on Wednesday, Jan. 1.
DiMaio, 24, of Holmdel, graduated from Chestnut Hill College in 2022, where he excelled in both academics and athletics. As captain of the college’s lacrosse team in his senior year, he was known for his leadership, determination, and positive influence on teammates and peers.
Posted by Billy Dimaio on Monday, July 31, 2023
"We are devastat…
New Englander Linda Lavin, 'Alice' Star Dies, 87
Linda Lavin, the two-time Golden Globe winner and Emmy-nominated actress whose career spanned six decades on stage and screen, passed away on Sunday, Dec. 29, at the age of 87, according to The New York Times.
Born in Portland, Maine, Lavin studied acting at the College of William & Mary in Virginia, where she was deeply involved in the theater program. Her career took off with her iconic role as Alice Hyatt on the hit TV series "Alice," which earned her two Golden Globes and cemented her as a household name.
A force on Broadway, Lavin captivated audiences with performances in multiple …
Charles Dolan, Cable TV Pioneer Who Founded HBO, Dies
Charles Francis Dolan, a pioneer in the cable television industry and founder of HBO and Cablevision, died at 98.
Dolan died Thursday, Dec. 28, of natural causes.
Born Oct. 16, 1926, in Cleveland, Ohio, Dolan began his career producing and distributing sports and industrial films.
In the early 1960s, he founded Sterling Manhattan Cable, the first company to wire buildings for cable access in New York City. This led to exclusive deals with teams like the New York Knicks and Rangers.
In 1972, he launched HBO, the first premium cable channel, changing television by offering uncut movies and …
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Alleged Bribes, Illegal Campaign Cash: Feds Lay Out Case Against NYC Mayor Eric Adams
Federal authorities released the indictment against New York City Mayor Eric Adams on Thursday, Sept. 26, laying out their case for corruption, bribery, and misuse of public funds, reports said.
Federal investigators have charged the 64-year-old Democrat with five counts, including conspiracy to receive illegal foreign campaign contributions, wire fraud, and bribery, said Damian Williams, the US. attorney for the Southern District of New York in a news conference.
Click here to read the complete indictment from the SDNY.
Here is what those allegations are as summari…