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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 …
Former Orioles Pitcher Brian Matusz Dies At 37, Remembered As 'Cherished Teammate'
Brian Matusz, a former Major League Baseball pitcher who played eight seasons for the Baltimore Orioles, has died at the age of 37.
The Orioles announced Matusz's death on Tuesday, Jan. 7. The cause of his death wasn't immediately known.
The Cave Creek, Arizona, native was selected by the O's with the fourth overall pick in the 2008 draft.
"A staple in our clubhouse from 2009-2016, Brian was beloved throughout Birdland, and his passion for baseball and our community was unmatched," the Orioles said in a Facebook post. "He dedicated his time to connecting with any fan he could, wa…
